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October 9 Chart of the Day - Monster Beverage Corporation

October 9 Chart of the Day - Monster Beverage Corporation

Monster Beverage Corporation (MNST) manufactures energy drinks including Monster Energy, Relentless, Reign and Burn. 

The company has been in the headlines recently for providing above average return on equity so we wanted to review their chart from a price action technical analysis perspective.

 

October 8 Chart of the Day - Richardson Electronics

October 8 Chart of the Day - Richardson Electronics
For over 75 years, Richardson Electronics, Ltd. (RELL) has been a provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components and replacement parts for diagnostic imaging equipment; and customized display solutions.

The company reports earnings after market close on Wednesday and by request we'll be reviewing their chart from a price action technical analysis perspective.

October 7 Chart of the Day - Pepsi

October 7 Chart of the Day - Pepsi

Food and beverage company PepsiCo (PEP) will be reporting results Tuesday before market open.

This quarter, analysts are expecting PepsiCo’s revenue to grow 1.4% year on year to $23.78 billion, slowing from the 6.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at blah blah blah...

The only thing we really care about is the price action technical analysis for their chart!

Investing or Trading? Find the Best Path for You!

Investing or Trading? Find the Best Path for You!

Have you ever wondered about the best way to grow your money in the markets?

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The age-old debate of trading vs investing has puzzled many aspiring financial enthusiasts.

Get the INSIDE SCOOP!

October 4 Chart of the Day - Diamondback Energy

October 4 Chart of the Day - Diamondback Energy

Diamondback Energy (FANG), a leading company that primarily focuses on finding and producing oil and natural gas in the Permian Basin, West Texas, that is known for its rich energy resources, is experiencing a surge in investor interest.

Reportedly, the reasons include heightened oil risks in the Middle East and recent strategic relationship expansion.

Coming off recent all time highs see where price could be heading next after making a classic "break and retest" move.

October 3 Chart of the Day - UPS

October 3 Chart of the Day - UPS

United Parcel Service (UPS) offers package delivery, supply chain management, and freight forwarding services. They company's stock performance is often thought of as a leading indicator of future US economic conditions.

Since they last reported their quarterly earnings back on July 22 their share price had been down over 15% at one point before attempting to mount a comeback...

Price is seemingly still in search of a bottom though, see where it could be on their chart.

 

October 2 Chart of the Day - Humana

October 2 Chart of the Day - Humana

Humana Inc. (HUM) shares plummeted the most in 15 years after the insurer suffered a drop in Medicare Advantage quality ratings, posing a drastic threat to revenue.

Trading in the $220s earlier today price may be attempting to reach down to test a 15+ year trend line.

See where it is on their chart.

 

October 1 Chart of the Day - Apache Corporation

October 1 Chart of the Day - Apache Corporation

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.

September 30 Chart of the Day - EchoStar

September 30 Chart of the Day - EchoStar

Satellite TV provider DirecTV said Monday it will buy rival Dish Network (SATS), including Dish's streaming brand Sling TV, through a debt exchange transaction. Financial terms were not disclosed.

The deal, which is still subject to regulatory approval, is set to create one of the nation's largest pay-TV providers so we wanted to review their chart from a price action technical analysis perspective.

See where price could be heading next.

Praying for Everyone Impacted by Hurricanes Helene and Milton

Praying for Everyone Impacted by Hurricanes Helene and Milton

Hurricane Helene unleashed its fury across the Southeast after leaving at least 49 people dead in multiple states, leveling communities, knocking out power and stranding many in floodwaters following the historic storm’s landfall in Florida’s Big Bend region Thursday night as a monstrous Category 4 hurricane.

I'm asking you to join me in praying for all of those affected by this most recent natural disaster.

Tom Winterstein 
ChartPros Founder

September 27 Chart of the Day - Costco

September 27 Chart of the Day - Costco

Shares of Costco (COST) were sliding Friday after the retailer posted a mixed fourth-quarter earnings report. 

Price was down over $15 (1.75%) to $885 but when we last featured their chart from a price action technical analysis perspective last December it was in the $680 area.

Don't you wish you followed us then?

 

September 26 Chart of the Day - Super Micro Computer, Inc.

September 26 Chart of the Day - Super Micro Computer, Inc.

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.