Back-to-back WEEKLY doji candles just above very round 10000 number should be respected until they are negated $COMPQ. Reversed near 50-day SMA. "Turnaround Tuesday" awaits. pic.twitter.com/qY8Z2qhN5w — Douglas Busch CMT (@chartsmarter) January 9, 2023 Today’s Chart of the Day was shared by Doug Busch (@chartsmarter). The Tech-heavy Nasdaq has underperformed the S&P 500 for more than […]
Chart of the Day – Friday, May 14th, 2021
Today’s Chart of the Day was shared by Doug Busch (@chartsmarter). It’s a weekly candlestick chart of Newmont Corporation, $NEM, over the past two years. Newmont is the largest stock in the popular Gold Mining ETF, $GDX, which has continued to push higher and outperform in recent weeks. $NEM just notched its highest daily close since 2011, […]
Chart of the Day – Monday, June 8th, 2020
They say no such thing as a "triple top". Tesla looks ready to "drive" through bullish ascending triangle, on way past very round 1000 number. $TSLA pic.twitter.com/wYLj1zr6oX — Douglas Busch CMT (@chartsmarter) June 8, 2020 Today’s Chart of the Day was shared on Twitter by Doug Busch (@chartsmarter). It’s a daily candlestick chart of Tesla […]