Stock Support Level
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PayPal stock just lost a crucial support: is it a bargain or a value trap?
Invezz· 2026-01-21 13:02
Core Insights - PayPal's stock price has experienced a significant decline, reaching its lowest level since November 2023, indicating a strong downward trend in its market performance [1] - The company has lost a crucial support level, suggesting that sellers are currently in control of the stock [1] - The short interest in PayPal's stock remains high, reflecting ongoing bearish sentiment among investors [1]
Stock Of The Day: Is This The Bottom For Salesforce?
Benzinga· 2026-01-20 16:52
Salesforce, Inc. (NYSE:CRM) shares are trading lower on Tuesday. Over the past two weeks, they have lost more than 15% of their value.But the selloff may end soon. This is why Salesforce is the Stock of the Day.As you can see on the chart, Salesforce has dropped to levels around $225. This price was support in August and November.There tends to be support at former support levels because of remorseful or regretful sellers.Some of the people who sold shares around $225 in August regretted doing so when the p ...
Stock Of The Day – Is The Super Micro Computer Selloff Finally Over?
Benzinga· 2026-01-13 20:23
Core Viewpoint - Super Micro Computer, Inc. (NASDAQ:SMCI) has experienced a recent selloff but may be poised for a rebound as it has reached a historical support level [1] Group 1: Stock Performance - The stock trended lower in January 2025, reaching approximately $27.75, where selling ended and the stock began to trade higher [1] - In April and May, Super Micro again fell to the $27.75 level, finding support once more [3] - The stock has returned to this critical support level again, indicating potential for a rebound if sufficient buy orders are placed [4] Group 2: Market Dynamics - Stocks often rally off support levels due to impatient and anxious buyers who fear missing out on potential gains [2] - The presence of remorseful sellers can lead to increased buy orders at previous support levels, reinforcing those levels [3] - A snowball effect or bidding war can occur as anxious buyers raise their bid prices, potentially driving the stock into an uptrend [2]
Stock Of The Day: Where Will The Palantir Selloff End?
Benzinga· 2025-12-30 14:52
Core Viewpoint - Palantir Technologies Inc. is experiencing a consolidation phase, with shares declining by nearly 2.5% after breaching a support level, indicating potential for a pause or reversal at the $175 level [1]. Group 1: Support Levels - Support is defined as a price range where demand is high, leading to a balance between buy and sell orders, which can halt or pause selloffs [1]. - Historical support levels can re-emerge, as seen with the $153 level, which acted as support in previous months [3][4]. - Sellers' remorse can contribute to the maintenance of support levels, as those who sold at a previous price may seek to repurchase when the stock returns to that level [6]. Group 2: Market Dynamics - New sellers can enter the market when a stock reaches support, potentially overpowering buyers and causing significant price drops, as occurred with Palantir on Monday [2]. - The $175 level has recently served as support, suggesting that if shares reach this price again, there is a likelihood of renewed buying interest, which could end the current downtrend [7]. - Stocks often rally off support when buyers become impatient and start outbidding each other, potentially leading to an upward trend for Palantir [7].
Stock Of The Day: Where Will The Tesla Sell-Off End?
Benzinga· 2025-11-14 17:48
Core Viewpoint - Tesla, Inc. (NASDAQ:TSLA) shares are experiencing a rise, attributed to market dynamics despite recent concerns over weak electric vehicle (EV) demand and lowered estimates from some analysts [1]. Group 1: Stock Performance - TSLA stock is gaining positive traction, becoming today's Stock of the Day after breaking an important support level [2]. - The stock faced increased selling pressure after breaking the $412 support level, indicating a bearish dynamic as buyers who created the support have exited the market [3][4]. - If the stock continues to decline, it is anticipated that the sell-off may stabilize around the $365 level, which previously acted as resistance and could turn into support [4]. Group 2: Market Dynamics - The breakdown of the support level suggests that sellers are forced to sell at discounts, leading to a downtrend in the stock price [3]. - Traders who sold shares around the $365 mark may regret their decision if the stock price rebounds, leading them to place buy orders at that level, potentially forming new support [5].
Allient Stock Tests This Key Support Level After 150% Advance
Investors· 2025-09-26 18:04
Core Insights - Allient (ALNT) is experiencing a bullish rebound after a significant 150% increase in its stock price over recent months, indicating strong market interest and potential for further growth [1] Company Overview - Allient, based in Amherst, N.Y., is formerly known as Allied Motion Technologies and specializes in designing, manufacturing, and selling precision and specialty motion control components and systems [1]
Stock Of The Day: Will The Tyson Food Rally Continue?
Benzinga· 2025-05-06 18:09
Core Viewpoint - Tyson Foods Inc. shares have experienced a decline, with a drop of over 7% recently, despite earnings slightly exceeding estimates at 92 cents. However, revenue of $13.07 billion fell short of the expected $13.14 billion, indicating potential challenges ahead for the company [1]. Group 1: Stock Performance - Tyson Foods shares continued to slide lower, following a significant decline the previous day [1]. - The stock found support around the price level of $54.25, which has previously acted as a bottom for the stock [2][5]. - Historical patterns suggest that stocks tend to rally after reaching support levels, as buyers become aggressive to avoid missing out on potential trades [6][7]. Group 2: Market Dynamics - The presence of remorseful sellers from previous declines can lead to increased buying activity when the stock returns to support levels, creating a potential for upward price movement [3][5]. - A bidding war may ensue as concerned buyers increase their purchase prices, further driving the stock price higher [6][7].
Stock Of The Day: Where Will The MercadoLibre Sell-Off End?
Benzinga· 2025-04-03 17:18
Core Viewpoint - MercadoLibre, Inc. (MELI) is experiencing a downtrend, having broken support at the $1,945 level, indicating a potential for further decline [1][4][5]. Group 1: Stock Performance - The stock has been in a downtrend and is likely to continue moving lower after breaking the $1,945 support level [1]. - The $1,945 level was previously a significant support point, indicating strong buy interest [2]. - The recent break of this support suggests that the demand from buyers has diminished, setting the stage for a potential decline [5]. Group 2: Future Support Levels - If the stock continues to trend lower, the next support level is anticipated to be around $1,800, which was a support level in January [6]. - Traders who previously sold at the $1,945 support may look to buy back at the $1,800 level, potentially creating new support if enough buy orders are placed [7].