ChartPros Market Insights

IBM is making headlines today as its stock price is making fresh new all time highs for the first time in over a decade.  This may come as a surprise to many as the global IT giant seemingly had been an industry laggard for a very long time.

Like many global companies IBM has weathered numerous storms, re-invented itself a few times (keep in mind IBM stood for International Business Machines and was once famous for making typewriters), but is still a force across the globe.

See the potential upside targets!

Dell Technologies Inc. is a multinational technology company headquartered in Texas.

Dell typically ranks in the top half of the Fortune 100 list and has been mentioned in recent headlines for their part in providing artificial intelligence (AI) servers to NVIDIA among other top industry names.

The company reports earnings after market close on Thursday...

See where price could be trading on Friday!

Nvidia by far has been the most requested chart in a very long time.  Most likely because they report earnings after the closing bell today.

We intentionally waited until the last few hours of regular trading hours (RTH) so as to obtain the latest at the money straddle options cost to determine what move the market is anticipating in either direction by the end of this week.

So with that in mind we're going to just cut to the chase and provide you the weekly and daily charts with the levels of interest of where price could go based on price action technical analysis.

Workday, Inc. (WDAY), provides on‑demand financial management, human capital management, and student information system enterprise software.

The company reports earnings after market close today so we wanted to review their chart from a price action technical analysis perspective.

See the upper and lower target levels where the market anticipates price could be trading by Friday!

Tech giant Microsoft (MSFT) has been in the headlines recently with respect to the recent Global IT outage and their stock price has since "gotten a haircut" as they say.

The company reports earnings Tuesday July 30 after market close so we wanted to review their chart from a price action technical analysis perspective.

See where price could be heading by this Friday.

Micron Technology, along with other semiconductor / AI related stocks, fell hard today so we wanted to take a look at their chart from a price action technical analysis perspective.

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Qualcomm is routinely in the headlines as a benefactor from the AI industry's hyper growth.  As a result, the company is coming off fresh $230.63 all time highs set just about a month ago.

When we last featured Qualcomm back in September 2023 the company's share price was trading at $110.

Don't you wish you followed us then?

Today, we'll take another look at their chart from a price action technical analysis perspective. 

Adobe is making headlines today as its stock price posted the biggest gain in more than four years after the company projected strong future sales for its creative products, suggesting customers are adopting the company’s new artificial intelligence (AI) based tools.

So for just about any mature type company like Adobe that is adopting AI we like to review their chart from a price action technical analysis perspective.

See where price could be heading...

Intel is making headlines this week as the company announced new data center chips to rival AMD and NVDIA.

In unspectacular fashion, their stock price essentially hasn't moved this week so we wanted to review their chart from a price action technical analysis perspective.

When we last featured Intel on June 22, 2023 price had been range bound roughly between $25 and $37 for quite some time.

See where price is today and where it could be going.