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March 1 Chart of the Day - Novo Nordisk

March 1 Chart of the Day - Novo Nordisk

Makers of diabetes prescription drug Ozempic (weight loss), Norvo Nordisk (NVO) has been one of the most requested charts during the past several weeks.

We've been putting off our review simply because price continues to make new all time highs (ATH) week after week but today we'll apply price action technical analysis to determine if there are any potential pull back levels where investors or traders could possibly enter.  

With that said here are just the charts...

February 29 Chart of the Day - Autodesk

February 29 Chart of the Day - Autodesk

Autodesk (ADSK) creates software products and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries.

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

The market is implying about a $17.50 move in either direction by the end of this week so that indicates to us quite a significant move in a short amount of time.

See where price could be heading...

February 28 Chart of the Day - First Solar

February 28 Chart of the Day - First Solar

First Solar (FSLR) is making headlines today after reporting 4th quarter earnings with positive full year guidance per published reports.

Shares are trading about 2% higher today near $148 and the fundamentalists would lead you to believe that's because of the rosy outlook...

But us "chartists" that use price action technical analysis wanted to review the chart to see how price has been behaving over the long term.

We uncovered a pattern most traders don't know how to spot.

February 27 Chart of the Day - Norfolk Southern

February 27 Chart of the Day - Norfolk Southern

Norfolk Southern (NSC) railroad is making headlines this week because of a good ole fashioned board fight led by Ancora Holdings!  At stake is control of the company.

Learning of this we wanted to review the company's chart from a price action technical analysis perspective.

February 26 Chart of the Day - Lowes

February 26 Chart of the Day - Lowes

Lowe's Companies (LOW) is scheduled to report earnings before market open on Tuesday February 27 so we wanted to review their chart from a price action technical analysis perspective.

We intentionally waited until the last hour of the 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.

February 23 Chart of the Day - Etsy

February 23 Chart of the Day - Etsy

Etsy's (ETSY) eCommerce marketplace connects roughly 9 million independent sellers of mostly handcrafted items with more than 90 million buyers. The company earns revenue from listing and transaction fees, as well as by selling advertising to sellers, among other sources. 

The company reported mixed results yesterday and was trading down so we wanted to review their chart from a price action technical analysis perspective.

February 22 Chart of the Day - NICE

February 22 Chart of the Day - NICE

Nice (ticker NICE) is making headlines today for posting better than anticipated earnings.

According to the company's website "NICE empowers organizations to deliver extraordinary and hyper-personalized customer experiences across digital and voice channels and from any location with our AI-infused cloud native CX platform."

Ohhhh, there's that AI term that many tech companies have included within their product sets.

February 21 Chart of the Day - Nvidia

February 21 Chart of the Day - Nvidia

Nvidia (NVDA) 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 hour of the 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.

February 20 Chart of the Day - Vizio

February 20 Chart of the Day - Vizio

Vizio (VZIO) is all over the headlines today after retail giant Walmart (WMT) confirmed it would acquire the smart TV maker for $3.2B or $11.50 per share.

Not surprisingly Vizio shares are trading up about 15% today - north of $11.

February 16 Chart of the Day - Sony Group

Sony - Chart of the Day Price Action Technical Analysis Review

Sony Group (SONY) is making headlines this week after reporting earnings and forecasting weakness in its gaming business.

Share price is getting hammered and seemingly may have an upcoming decision to make.

February 15 Chart of the Day - GLD

February 15 Chart of the Day - GLD

SPDR Gold Shares (GLD) is part of the SPDR family of exchange-traded funds managed and marketed by State Street Global Advisors.

One might think that it tracks the price of Gold and to a certain degree it does less management fees. 

This can be beneficial because for many investors the costs associated with buying GLD shares in the secondary market and the payment of the Trust's ongoing expenses may be lower than the costs associated with buying, storing and insuring physical gold in a traditional allocated gold bullion account.

February 14 Chart of the Day - IQVIA Holdings

February 14 Chart of the Day - IQVIA Holdings

IQVIA Holdings (IQV) is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry and is making headlines today after posting better than expected earnings.

We've never heard of them before so we wanted to review their chart from a price action technical analysis perspective.

Wait until you see what we discovered!