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April 17 Chart of the Day - ASML

April 17 Chart of the Day - ASML
ASML, the largest supplier of equipment to computer chip makers, said first quarter profit beat expectations on Wednesday, however, sales missed forecasts, which sent shares lower.

Since price had been recently trading near all time highs (ATH) we wanted to see how much lower and review their chart from a price action technical analysis perspective.

April 16 Chart of the Day - US Bank

April 16 Chart of the Day - US Bank
US Bancorp (USB) /aka/ US Bank is making headlines this week because... well it seems many banks have been making headlines recently for a variety of reasons so we wanted to review their chart.

According to the bank's website, they are #150 on the Fortune 500 list.

April 9 Chart of the Day - Neogen Corporation

April 9 Chart of the Day - Neogen Corporation

Neogen Corporation (NEOG) is an international food safety company that provides test kits and relevant products to detect dangerous substances in food.

The company reported earnings today before the market open and in pre-market trading dropped and tagged a significant technical level that you don't want to miss!

March 28 Chart of the Day - Semtech Corporation

March 28 Chart of the Day - Semtech Corporation

Semtech Corporation is a high-performance semiconductor, IoT systems and Cloud connectivity service provider that reports earnings after market close today.

We wanted to review their chart from a price action technical analysis perspective because there's been a lot of upside price movement yesterday and today ahead of earnings... 

Wait until you see the pattern we found on this chart and where price could be heading!

March 22 Chart of the Day - Nike

March 22 Chart of the Day - Nike

Nike (NKE) reported holiday sales that beat expectations, but reported less than a rosy outlook as its growth in China continued to slow.  Shares fell today over 6% down to the $92 area.

Seeing a headline like this we decided to take a look at their chart from a price action technical analysis perspective to see where price could be heading.

See what apparently could be a "last chance" level for the bulls to step in before price possibly falls more.

March 13 Chart of the Day - MongoDB

March 13 Chart of the Day - MongoDB

MongoDB (MDB) provides an advanced scalable general purpose database software platform that uses hybrid open-source and proprietary technology as the basis for its 'freemium' software business model. MongoDB was founded in November 2007 and made its initial public offering at $24 per share in October 2017.

Today we wanted to review their chart from a price action technical analysis perspective because the company reported earnings on March 7 that beat revenue estimates but fell shy of profit estimates in which the stock promptly sold off...

March 8 Chart of the Day - Cloudflare

March 8 Chart of the Day - Cloudflare

Cloudflare's stock rose quickly last month following its February 8 earnings report, exceeding analyst expectations and they also issued a rosy forecasts. The company accomplished impressive revenue growth last quarter and forecasted 27% growth next year.

Given all that we wanted to review their chart from a price action technical analysis perspective.

You'll definitely want to see what we uncovered on this chart!

March 7 Chart of the Day - BJ's Wholesale Club

March 7 Chart of the Day - BJ's Wholesale Club

Shares of BJ's Wholesale Club (BJ) are moving higher today as the company posted its fourth-quarter earnings, beating Wall Street expectations on the bottom line, but missing on the top line.

The irony in this is sometimes when a company does this their stock price goes down and sometimes it goes up so we wanted to review it from a price action technical analysis perspective.

February 29 Chart of the Day - Autodesk

February 29 Chart of the Day - Autodesk

Autodesk (ADSK) creates software products and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries.

The company reports earnings after market close today so we wanted to review their chart from a price action technical analysis perspective.

The market is implying about a $17.50 move in either direction by the end of this week so that indicates to us quite a significant move in a short amount of time.

See where price could be heading...

February 28 Chart of the Day - First Solar

February 28 Chart of the Day - First Solar

First Solar (FSLR) is making headlines today after reporting 4th quarter earnings with positive full year guidance per published reports.

Shares are trading about 2% higher today near $148 and the fundamentalists would lead you to believe that's because of the rosy outlook...

But us "chartists" that use price action technical analysis wanted to review the chart to see how price has been behaving over the long term.

We uncovered a pattern most traders don't know how to spot.

February 26 Chart of the Day - Lowes

February 26 Chart of the Day - Lowes

Lowe's Companies (LOW) is scheduled to report earnings before market open on Tuesday February 27 so we wanted to review their chart from a price action technical analysis perspective.

We intentionally waited until the last hour of the regular trading hours (RTH) so as to obtain the latest at the money straddle options cost to determine what move the market is anticipating in either direction by the end of this week.

February 23 Chart of the Day - Etsy

February 23 Chart of the Day - Etsy

Etsy's (ETSY) eCommerce marketplace connects roughly 9 million independent sellers of mostly handcrafted items with more than 90 million buyers. The company earns revenue from listing and transaction fees, as well as by selling advertising to sellers, among other sources. 

The company reported mixed results yesterday and was trading down so we wanted to review their chart from a price action technical analysis perspective.