There is no such things as "down too much" when there are still sellers$META is less than 10% above the volume weighted average price it has traded at since its IPO 10 years ago. I would bet MOST people are losing money on the stock Level of interest, at AVWAP IPO & prior low pic.twitter.com/amxGFbHaGR […]
Chart of the Day – Thursday, April 21st, 2022
$GOOGL the next comm services domino to fall? $XLC pic.twitter.com/BcZhlyoNOx — David Rath, CMT, CFA (@DJwrath) April 21, 2022 Today’s Chart of the Day was shared by David Rath (@DJwrath). It’s a daily candlestick chart of Alphabet Inc. ($GOOGL) over the past year. The stock broke below key support around $2,500 today, closing at a 9-month low. […]
Chart of the Day – Tuesday, October 13th, 2020
Communications stocks relative to S&P 500 bouncing in a very logical level $XLC / $SPY pic.twitter.com/aEhWGoae09 — Alfonso Depablos, CMT (@AlfCharts) October 13, 2020 Today’s Chart of the Day was shared on Twitter by R. Alfonso Depablos (@AlfCharts). It’s a ratio chart of the Communications sector relative to the S&P 500 over the past couple […]
Chart of the Day – Thursday, August 20th, 2020
FANG+ stocks pushing to new relative highs against the strongest index in the world. $QQQ $TSLA $TWTR $AAPL $FB $GOOGL $BABA $NFLX pic.twitter.com/YhTwxGBdpk — Ian McMillan, CMT (@the_chart_life) August 20, 2020 Today’s Chart of the Day was shared on Twitter by Ian McMillan (@the_chart_life). The chart shows the FANG+ ETF, $FNGS, relative to the […]
Chart of the Day – Friday, May 8th, 2020
https://twitter.com/ClarenceCarr/status/1258828762592030720 Today’s Chart of the Day was shared on Twitter by Clarence Carr (@ClarenceCarr). The dismal economic backdrop has many scratching their heads, wondering – Why aren’t stocks down more? The answer to that question requires a more in-depth look within the S&P 500. After all, it’s a market of stocks, not a stock market, right? There’s […]