Stock Resistance Breakout
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Stock Of The Day: Did Rivian Breakout?
Benzinga· 2025-12-16 16:08
Trading in Rivian Automotive, Inc. (NASDAQ:RIVN) is quiet Tuesday. But the shares appear to have broken resistance. This could have bullish implications and may suggest a move higher. This is why Rivian is our Stock of the Day.Supply and demand drives the stock market. If there is more supply of a stock, meaning shares to be sold, than there is demand or shares to be bought, the stock will trend lower. This is because traders and investors who wish to sell will be forced to offer their shares at discounts, ...
Stock Of The Day: Will AppLovin Break Out?
Benzinga· 2025-12-10 19:12
Core Insights - AppLovin Corp (NASDAQ:APP) is currently facing resistance around the $728 level, which may impact its stock performance [1][2] - The stock is experiencing downward pressure, but there is potential for the price to move higher if buyers overpower sellers at this resistance level [2][7] Trend Analysis - Traders can assess whether the resistance will break by analyzing the stock's trends across short-term, intermediate-term, and long-term timeframes [3][5] - AppLovin is showing exceptional strength as all three moving averages (10-day, 100-day, and 150-day) are trending higher, indicating a strong upward momentum [7]