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April 23 Chart of the Day - Seagate Technology

April 23 Chart of the Day - Seagate Technology

Seagate Technology crafts precision-engineered data storage and management solutions.  The company reports earnings after market close today and there seemingly is a lot of pre-release buying driving their stock price up.

With many other companies set to report earnings this week as well we set out to review their chart from a price action technical analysis perspective.

See where price could be heading this week.

Posted in AI, AI Stocks, Chart of the Day, Corporate Earnings

April 18 Chart of the Day - Taiwan Semiconductor Manufacturing Corporation

April 18 Chart of the Day - Taiwan Semiconductor Manufacturing Corporation
Taiwan Semiconductor Manufacturing Corporation is the world’s largest producer of advanced processors and counts companies such as Nvidia and Apple as its clients.

The company reported better-than-expected first-quarter top and bottom-line results Thursday. However, the company lowered its chip market outlook as it sees consumer weakness persisting which overshadowed its Q1 performance. As a result, their stock fell nearly 7% today so we wanted to review their chart from a price action technical analysis perspective.
Posted in AI, AI Stocks, Chart of the Day, Corporate Earnings

April 17 Chart of the Day - ASML

April 17 Chart of the Day - ASML
ASML, the largest supplier of equipment to computer chip makers, said first quarter profit beat expectations on Wednesday, however, sales missed forecasts, which sent shares lower.

Since price had been recently trading near all time highs (ATH) we wanted to see how much lower and review their chart from a price action technical analysis perspective.
Posted in AI, AI Stocks, Chart of the Day, Corporate Earnings

April 2 Chart of the Day - Gold

April 2 Chart of the Day - Gold

Gold (ticker /GC on Think or Swim) has been on a massive bull run making multiple new all time highs (ATH) since Thanksgiving time frame and now it's becoming almost a weekly occurrence.

We see all the headlines calling for Gold $3000 and even $5000... and while that's totally possible, price never moves in a straight line - and we all know that any market cycles up and cycles down.

We've had many requests to identify upside targets for gold, which is not the same as calling a top!

See what we came up with!

Posted in AI, AI Stocks, All Time Highs, Bitcoin, Chart of the Day, Crypto, Gold

January 4 Chart of the Day - Snowflake

January 4 Chart of the Day - Snowflake

Snowflake (SNOW) offers cloud-based data storage and analytics under a business model often labeled as Data as a Service (DaaS).

If you've never heard of them, first impressions may have you thinking so what, another cloud based software company?

But this cloud based company seemingly is different for one simple but major reason:  Warren Buffet's Berkshire Hathaway reportedly owns over 6 million shares in the company...

Now that will get a company headlines along with a lot of scrutiny along the way.

Posted in AI, AI Stocks, Chart of the Day