Small and new investor make many mistakes. One of the biggest mistakes for an investor is to start trading options instead of stocks. The mentality of a small investor is to take their small investment account and go right into the options market.…
Nvidia Corp (NVDA) reports earnings today after the close. The stock is up over 100% off the 2019 lows but yet to reach its all-time highs of $295.00. This $295.00 level represents a stock chart double top and could be a great shorting opportunity if Nvidia Corp jumps higher on earnings today.…
One of my favorite trading scenarios is when a stock trading gift is placed in my lap. This rare trading opportunity for investors occurs when a stock is trading near its recent lows, announces great earnings, pops and then slowly retraces to the level of support prior to the news.…
Shares of Veritone Inc (VERI) triggered a stock chart breakout alert today. The artificial intelligence company busted through a major resistance trend line over $2.45. Based on the multiple expansion in stocks with little to no growth, Veritone could have significant upside.…
There is little question that the biggest joke on Wall Street is Boeing Co (BA). The company has been non-existent in terms of doing business in over a year. They just reported that in January 2020, there were $0 orders placed.…
Shares of Exxon Mobil (XOM) continue to be slammed as crude oil falls lower. But there is hope for investors looking to buy this quality oil company. Exxon Mobil is nearing a major stock buy level. This recent fall in oil and Exxon is from continuing economic worries as the coronavirus as it ravages China.…
Microsoft Corp (MSFT) is on my stock alert watch list. The reason is simple. Yesterday, Microsoft staged a strong reversal off all-time highs on heavy volume. To explain this, simply look at the chart from February 5th, 2020. Microsoft opened sharply higher, at all-time highs.…
Investors and stock traders are always trying to isolate key tops and bottoms on stock charts. In this article, I will discuss the two most powerful stock chart top signals. In addition to the three most powerful stock chart top signals, I will give you accompanying signals that give even more credence to a major top on a stock or a market.…
Shares of Snap Inc (SNAP) plummeted on Wednesday after the social media company missed revenue and earnings expectations. The stock was trading at $17.35 (-8.59%) by mid-morning. The stock chart technical support on Snap Inc is $15.00, with a major up-sloping trend line connecting through previous major pivot lows.…
Shares of Aurora Cannabis (ACB) are forming a classic bullish inverse head and shoulder pattern. This pattern signals a strong move coming on the horizon once the neckline is broken. On Aurora Cannabis, the neckline is at $2.25. There is also a major bull flag signaling upside on the stock chart.…
