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July 24 Chart of the Day - Valero

July 24 Chart of the Day - Valero

Valero Energy Corporation is a Texas based fuels producer mostly involved in manufacturing and marketing transportation fuels and other related products.

The company reports earnings before market open on Thursday July 25 so we wanted to review their chart from a price action technical analysis perspective.

See where price could be heading by this Friday.

July 23 Chart of the Day - Chipotle

July 23 Chart of the Day - Chipotle

According to published reports, Chipotle Mexican Grill (CMG) is the largest fast-casual chain restaurant in the United States, with systemwide sales of $9.9 billion in 2023 and nearly 3,440 stores ending the same period.

The company reports earnings Wednesday July 24 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.

July 22 Chart of the Day - Nucor Corporation

July 22 Chart of the Day - Nucor Corporation

Nucor Corporation is the largest steel producer in the United States and the largest recycler of scrap in North America. The Charlotte, NC based company is the 16th-largest steel producer in the world.

Share price has risen during the week of earnings 7 of the last 8 quarters however, it was last quarter that saw the fall and it was a big one.

They report earnings after the bell today so we wanted to review their chart from a price action technical analysis perspective.

See the upper and lower price targets for this week.

What is a "Black Swan Event" and How the Next One Could Shake the Financial World (again)

What is a "Black Swan Event" and How the Next One Could Shake the Financial World (again)
What an eventful week in the world we live in...
 
Assassination attempt on Trump, global IT outage, Biden drops out, what could possibly be next?

The term "Black Swan" denotes an unexpected financial crisis with profound consequences, merging extreme rarity with a significant impact on stock markets and risk management.

It’s often stated that “history repeats itself.”

Get the inside scoop on how to plan for the best but prepare for the worst.

July 11 Chart of the Day - Kimberly Clark

July 11 Chart of the Day - Kimberly Clark

Kimberly-Clark Corporation is a multinational consumer goods and personal care corporation that produces mostly paper-based products.

The company will issue its second quarter 2024 results on Tuesday, July 23 before market open so today we'll take a look at their chart from a price action technical analysis perspective. 

July 9 Chart of the Day - Albemarle

July 9 Chart of the Day - Albemarle
Shares in lithium miner Albemarle (ALB) declined by 22.1% in June, according to data provided by S&P Global Market Intelligence. The move comes from a price decline in lithium carbonate and a deteriorating indicators around the electric vehicle (EV) market.

The company's stock price is down about 7.5% today so we wanted to review their chart from a price action technical analysis perspective.

July 8 Chart of the Day - McDonald's

July 8 Chart of the Day - McDonald's

McDonald's (MCD) has recently been in the headlines for a variety of reasons ranging from price wars, continued expansion, falling stock price, etc

But one major think to keep in mind is that the global fast food giant is known as a "dividend stock".

Additionally, McDonald's is considered a dividend growth stock because it has raised its payout for 47 consecutive years, including a 10% increase last October.

See their chart and above average dividend yield compared to the S&P 500...

All Time Highs - to trade or not trade webinar replay

All Time Highs - to trade or not trade webinar replay

Learn the top strategies for trading all time highs and managing risk.

Many equities and indexes are at or near their tops. Trading all time highs (ATH) can be a risky proposition because there is less historical data available at these levels.

Join ChartPros for this informative and potentially money making/saving FREE webinar replay to help boost your trading confidence, consistency, and trading results.

June 28 Chart of the Day UPDATE - Nike

June 28 Chart of the Day UPDATE - Nike

When we last featured Nike (NKE) back on March 22, 2024 price was at a decision trend line to make a choice of continue falling or not.  Since then price did fall and after yesterday's dismal earnings announcement price sunk 20% today dropping $27B in value and is at another decision trend line yet again.

The bears have been aggressive and may not let up anytime soon so today we'll take another look to see where the bulls could possibly step in.

We have featured over 220 Charts of the Day during the past year and teach Price Action Trading for FREE  to traders who join our Highly Rated Trade Room.

Navigating the Markets with Price Action Technical Analysis: Expert Tips for Successful Stocks, Options, Futures, Forex, Crypto, and Commodity Trading

Navigating the Markets with Price Action Technical Analysis: Expert Tips for Successful Stocks, Options, Futures, Forex, Crypto, and Commodity Trading

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.

June 21 Chart of the Day - CarMax

June 21 Chart of the Day - CarMax

CarMax stock was rising Friday in pre-market trading after the used-car retailer posted fiscal first-quarter earnings that beat analysts’ estimates but said economic pressures continue to have a negative impact on sales. 

Price is sitting in the middle of a year long range seemingly with a potential decision to make.  Could this be the time that price breaks out and above the range or will price fade back to the downside again?

June 5 Chart of the Day - Accenture

June 5 Chart of the Day - Accenture

Accenture (ACN), a global business management consulting firm, is trending in the news lately and not for great reasons.

Unlike the broader markets which have essentially been on a meteoric rise the past several months, Accenture's stock price has been plunging most of this entire calendar year so we wanted to review their chart from a price action technical analysis perspective.

See what price could do by the end of this month.