Shares of Uber Technologies, Inc. (NYSE:UBER) are rebounding Wednesday. They have been trending lower over the past month, but things may be about to change. Oversold and at support can be bullish dynamics. This is why it is the Stock of the Day.Support is a large group of buyers who are looking to pay the same price, or close to it, for shares.If a stock is trending lower, it's because there are more shares for sale than there are to be bought. Sellers are forced to undercut each other to draw in buyers. T ...

Shares of blue chip Home Depot Inc (NYSE:HD) are off 3.9% to trade at $345.93, after the home improvement chain reported adjusted third-quarter earnings of $3.74 per share, which fell short of estimates. While revenue topped forecasts, Home Depot also slashed its full-year outlook, citing weak demand and less storm damage to homes of late. The report has sector peer Lowe's (LOW) also in the red today.Should these losses hold, HD will be headed for a fifth-straight drop and worst single-session performance s ...

Trading in Costco Wholesale Corporation (NASDAQ: C) is quiet Monday.  This comes after the shares lost almost 3% in Friday's trading. A disappointing earnings report drove the move.Some traders are watching to see if there will be a reversal and move higher soon. This is why it is today's Stock of the Day.If Costo drops to levels around $885, there is a good chance it finds support. As you can see on the chart below, there was support in March and again in April.Costco technicals.Stocks tend to find support ...

Core Viewpoint - Dow Inc. shares are experiencing a downward trend following weak Q2 results, but signs indicate a potential bullish reversal due to oversold conditions and possible seller capitulation [1][7]. Trading Volume - Over 65 million shares of Dow traded yesterday, marking the largest volume ever, which may indicate seller capitulation as frustrated sellers decided to sell regardless of price [2]. Oversold Conditions - Dow shares are considered oversold, having dropped below their typical trading range, which is expected to attract buyers back into the market [3][4]. Support Levels - The shares have reached a historical support level, where previous sellers may look to buy back their shares, potentially creating renewed support if enough buy orders are placed [6]. Potential for Uptrend - The combination of oversold conditions, established support, and possible seller capitulation suggests that a bullish reversal and upward movement in Dow shares may be imminent [7].

Apple (AAPL) shares have outperformed the S&P 500 over the past week, falling just 1% compared to the index’s 2.3% decline. And why not? The beaten-down iPhone maker, which is down 18% so far this year, has been receiving a string of good news lately.On April 12, 2025, President Donald Trump reportedly excluded smartphones, laptops, and various other tech devices and components from his newly imposed reciprocal tariffs. According to the White House, these exemptions were granted to give companies time to sh ...