Airline Stocks Are Struggling Again, Watch This Trade Level

Airline stocks have been a weak industry group throughout most of 2021. This important sector actually peaked out in mid-March and has been making a series of lower highs on the daily chart. As you know, lower highs are a bearish pattern and an indication of lower prices ahead and that is currently the case at this time.

NortonLifeLock Inc (NLOK) Is Sliding, Watch This Trade Level

Today, leading cyber safety platform, NortonLifeLock Inc (NLOK), is pulling back again. The stock is falling lower 4.07% to $24.49 a share. Traders should note that the stock is now breaking below its important 200-day moving average. This puts the stock in a weak technical position on the charts and often signals further downside in the near term. 

Silver Could Trigger A Big Inverse H&S Pattern Today

This morning, both gold and silver are very strong after the hot CPI number. Obviously, the CPI number was very strong signaling inflation and it looks like the precious metals took their cue and surged higher. The iShares Silver Trust (SLV) could trigger a big inverse head & shoulders pattern with a close above the $23.00 level.

4 Swing Trade Alerts: DO NOT MISS THIS…

Another amazing morning in Gareth’s flagship service for swing trading stocks and building wealth, the Verified Investing Alerts!

 

 

But we don’t talk $hit, instead we allow the FACTS to do the talking for us, as usual!  

 

 

Check out what the G-man said about it on Twitter…