Investors may want to keep an eye on discount retailers, like Dollar General (DG). For one, the latest pullback may be a great buy opportunity. If you take a look at this chart, you’ll notice that Williams’ %R, Fast Stochastics, and RSI are all starting to pivot well off oversold conditions. With patience, I’d like…
Category: Chart Spotlight
Chart Spotlight: Tesla (TSLA)
Shares of Tesla (TSLA) just split 3:1 and now trades around $300 a share. From here, the EV stock could accelerate well above $900 again, near-term – all thanks to substantial catalysts. According to MarketClub, the short- and intermediate-trends are positive. The RSI, Fast Stochastics, and Williams’ %R are all pivoting well off recent lows.…
Chart Spotlight: Canadian Solar (CSIQ)
Over the last few weeks, I highlighted a few opportunities with Chart Spotlight. On July 13, for example, I highlighted Generac Holdings (GNRC), as it traded around $212. It’s now up to $265.50. On July 26, I highlighted Albemarle (ALB), as it traded at $224. It’s now up to $280.15. On August 3, I highlighted…
Chart Spotlight: Tellurian Inc. (TELL)
Natural gas prices are exploding. For one, Russia said it would cut natural gas shipments to Europe. In fact, as noted by Barron’s, “Russian company Gazprom said on Monday that it will cut natural gas shipments from the key Nord Stream pipeline to Germany starting this week. The pipeline’s exports will be cut to 20%…
Chart Spotlight: Marathon Digital Holdings (MARA)
Cryptocurrencies are showing big signs of life again. Look at Bitcoin, for example. After crashing to a low of $19,097, BTC is now back up to $22,960. Not only is that great news for cryptocurrencies, it’s a strong catalyst for mining stocks, like Marathon Digital Holdings (MARA). After all, miners rise and fall with the…
Chart Spotlight: Albemarle Corp. (ALB)
Governments all over the world are pushing for a greener future. The U.S. wants to cut emissions by up to 52%. Europe says it’ll cut emission by up to 55%. China says it will stop releasing CO2 in the next 40 years. To help, leaders want millions of zero-emission electric vehicles on the roads as…
Chart Spotlight: Generac Holdings (GNRC)
Every summer, power generator stocks, like Generac Holdings (GNRC) soar. All thanks in part to hurricane season, intense heat, and the potential for blackouts. All of which increases demand for power generators from companies such as Generac Holdings. In the summer of 2017, GNRC jumped from about $35 to $38 In the summer of 2018,…
