ChartPros Market Insights

Oil majors Chevron (CVX) and ExxonMobil (XOM) stocks fell on Friday after both companies reported year-over-year profit declines for the first quarter that were impacted by lower natural gas prices and a decrease in refining margins.

When we last featured Exxon back on October 6, 2023 we shared a chart that might have saved those who bought the recent "fake breakout"...  

Don't you wish you followed us then?

DexCom, Inc. (DXCM) develops, manufactures, produces, and distributes continuous glucose monitoring systems for diabetes management. 

The company reports earnings today after market close and with so many other "big name companies" reporting this week we also wanted to review DexCom from a price action technical analysis perspective.

Meta (META) reports earnings after market close today and seemingly all eyes are on the social media giant.

When we last featured Meta in July 2023 price was trading shy of $300.  Since then, price has gone on to make new all time highs (ATH) at $531.49 earlier this month. 

Don't you wish you followed us then?

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.

Price action technical analysis is a popular and effective approach to navigating the financial markets, including stocks, options, futures, Forex, Crypto, and Commodity trading.

This article will provide expert tips and insights to help you successfully trade various financial instruments using price action technical analysis. By understanding and applying these concepts, you can improve your trading skills and potentially achieve greater profitability.

Neogen Corporation (NEOG) is an international food safety company that provides test kits and relevant products to detect dangerous substances in food.

The company reported earnings today before the market open and in pre-market trading dropped and tagged a significant technical level that you don't want to miss!

Semtech Corporation is a high-performance semiconductor, IoT systems and Cloud connectivity service provider that reports earnings after market close today.

We wanted to review their chart from a price action technical analysis perspective because there's been a lot of upside price movement yesterday and today ahead of earnings... 

Wait until you see the pattern we found on this chart and where price could be heading!

Nike (NKE) reported holiday sales that beat expectations, but reported less than a rosy outlook as its growth in China continued to slow.  Shares fell today over 6% down to the $92 area.

Seeing a headline like this we decided to take a look at their chart from a price action technical analysis perspective to see where price could be heading.

See what apparently could be a "last chance" level for the bulls to step in before price possibly falls more.