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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...

July 3 Chart of the Day - AMD

July 3 Chart of the Day - AMD
Advanced Micro Devices (AMD) and NVIDIA (NVDA) are often mentioned in the same breath however AMD is quickly and often positioned as the "little brother" when it comes to AI chips.

When we last featured AMD a little more than a year ago their stock was trading in the $130 area and since went on to make new $227.30 all time highs (ATH) this past spring.

Don't you wish you followed us then?

July 2 Chart of the Day - Lennar

July 2 Chart of the Day - Lennar

According to published reports, shares of Lennar (LEN) are falling after Citi downgraded the homebuilder from Buy to Neutral and slashed their price targets.

Precision oriented price action technical analysis by far provides the best edges and most setups for traders and investors across the markets so that's what we use for the basis of our reviews.

We'll take a look at their chart so you can decide for yourself.

July 1 Chart of the Day - Google

July 1 Chart of the Day - Google
According to published reports Rosenblatt Securities has downgraded Alphabet's (GOOG, GOOGL) stock to Neutral from Buy and trimmed its price target. The firm cites transitional risks and increasing competition as key factors in its decision.

Since GOOG price recently made fresh all time highs (ATH) and faded some is the downgrade warranted or simply window dressing?

We'll take a look at their chart from a price action technical analysis perspective so you can decide for yourself.

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.

June 27 Chart of the Day - Gold

June 27 Chart of the Day - Gold

Gold has been on a massive bull run making multiple new all time highs since Thanksgiving 2023 time frame and now it's becoming almost a weekly occurrence.

Follow along in a video price action technical analysis excerpt from ChartPros Price Action Trading and Mental Performance Boot Camp session on June 26, 2024.

See the levels of interest for both traders and investors!

June 26 Chart of the Day - Whirlpool

June 26 Chart of the Day - Whirlpool

Whirlpool (WHR) is in the headlines today as published reports indicate that German engineering group Robert Bosch has been talking to potential advisers about the possibility of making an offer for Whirlpool.

Given the speculative nature of this news we wanted to review their chart from a price action technical analysis perspective.

June 25 Chart of the Day - Coty

June 25 Chart of the Day - Coty

Coty Inc. (COTY) maintains robust brand portfolio strength and demonstrates significant momentum in the global beauty market.

The beauty products provider continues to progress with its strategic initiatives, which are proving effective. Through strategic partnerships, the company is expanding its market presence so we wanted to review their chart from a price action technical analysis perspective.

June 24 Chart of the Day - SolarEdge Tech

June 24 Chart of the Day - SolarEdge Tech

SolarEdge (SEDG) Stock Falls As Analysts React To $300 Million Private Offering and since we received a request to review this chart we thought we'd perform a price action technical analysis review.

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?