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.

There's been a long running debate between the technical analysis chartists and the fundamentalists and both sides can make their case for being "right".  Both sides often think that their way is best and the other side is full of you know what...

Since no one can predict the future how did the recent Federal Reserve's hawkish position on interest rates that's filled the news just so happen to occur during a time when chartists like us were anticipating a potential pull back? 

(This is an updated post to include recent news and recent charts because this scenario occurs over and over again...)

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.

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It's all part of our "Pay It Forward - Traders Helping Traders" philosophy and this week for the first time ever we've added another level of FREE!

For a limited time you can GET FREE ACCESS to our Trade Entry Timing Course!

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.

Sprott Physical Gold and Silver Trust is a closed-end fund that invests in gold and silver, with a mix of 2/3 gold and 1/3 silver. 

The trust has been in the headlines recently with the rising price of gold and silver so we wanted to review the chart from a price action technical analysis perspective.