DFS has hit the $85 mark (red) as resistance multiple times over the past few months. The stock has made it close to that level once again and could be looking to finally break higher. A solid close above $85 should lead to much higher prices for...
Read More
On October 31, Qorvo (QRVO) reported that the company’s Board of Directors authorized a new $1 billion share repurchase program. The new program includes $117 million that was authorized in a prior repurchase program. Qorvo is a leading provider...
Read More
While U.S. indices, most notably the S&P 500 Index (SPY) are hitting all-time highs, most other countries or composite global indices are still well below one, three, and five-year highs. After years of the U.S. stock market...
Read More
GPRE has a formed an important level of support at $10 (green). The stock looks like it may be making its way back down to there again, and traders might be able to expect some sort of a bounce, if it does. However, if the $10 support were to...
Read More
JD has hit the $32 mark as resistance several times over the past few months. The stock now sits just a couple ticks below it. A solid close above $32 should lead to another leg higher for JD. JD.com, Inc., through its subsidiaries, operates...
Read More
During the past 4 months, SQ had formed a very important level of support at $60 (red). Last week saw the stock break below that support. Not only does that imply lower prices overall for SQ, but the $60 level should now act as resistance on any...
Read More
We encourage readers to maintain clearly defined stop levels, sell near $290 for SPY, and buy near $278. The current SPY short-term support sits at $277-$282 and we see the potential for the market to overshoot 50-days MA for SPY at...
Read More