ChartPros Market Insights

Meta (META) earnings are coming after the bell Wednesday.

With its market sentiment generally bullish given their AI involvement we wanted to provide a price action technical analysis review.

We have featured over 300 Charts of the Day since May 2023 and teach Price Action Trading for FREE  to traders who join our Highly Rated Trade Room.

Apache Corporation (APA) is an independent energy company that owns subsidiaries that explore for and produce oil and natural gas in the US, Egypt, the UK, as well as offshore.

The company has been in the headlines recently for expanding it partnership base including AI developer Planitir so we wanted to review their chart from a price action technical analysis perspective.

Trading up 5% today see where price could be heading next.

Super Micro Computer, Inc. (SCMI) shares fell another 15% on Thursday after the Justice Department reportedly opened a probe into the company, which has been a major beneficiary of the artificial intelligence boom.

Their stock has fallen over 70% during the past three months due to a delay in filing an annual 10K financial report that was due at the end of August so we wanted to review their chart from a price action technical analysis perspective.

Wait until you see how much lower price could go.

Micron Technology (MU) reports earnings after the close today so we wanted to take a look at their chart from a price action technical analysis perspective.

The company is highly scrutinized by industry analysts as an Artificial Intelligence (AI) chip producer.

Broadcom Inc. (AVGO) is a global technology leader that designs, develops and supplies a broad range of semiconductor, enterprise software and security solutions.

Shares were down about 3.3% on Monday as they are a key supplier to the Apple iPhone.

See where price could be heading next.

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!

I often think about and wonder what and how technology could have reshaped our present lives if it existed centuries ago.  Along those lines, I wonder what sort of setup Jesus might have had if He used a computer. 

One of the most frequently asked questions I get is “Tom, what computer do you trade from and how many monitors do you have setup?”

My answer surprises most people and may surprise you as well...