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We're in store for more consolidation this month, says Fairlead's Katie Stockton
CNBC Television· 2025-09-02 17:54
But amid all the uncertainty, there's a technical trend my next guest is watching that suggests one area of the market could be poised to break out, and that's small caps. For more, let's bring in Katie Stockton. She's managing partner at Fairlead Strategies and a CNBC contributor.Katie, thanks so much for being here. I'd love to sort of just get your take on the general market and where you see things moving. Starting with the yields because that is our big story of the day.if indeed the US government is l ...
X @Market Spotter
Market Spotter· 2025-08-31 10:30
#JASMY is trading between clear support and resistance levels on the daily chart. Our indicator highlights strong support around the current zone and resistance near 0.020. A bounce from here could fuel a move toward the upper range. https://t.co/jyP18DW6jH ...
Stock Of The Day: Reversal For Workday?
Benzinga· 2025-08-25 17:09
Workday, Inc. WDAY is trading higher Monday. The downtrend that began in May could be turning.The trading here illustrates an essential principle of the financial markets. This is why our team of technical analysts has made it our Stock of the Day.In the markets, certain price levels have more importance than others. These are referred to as support and resistance levels.There are large amounts of demand, or buy orders, at or close to support levels. This is why selloffs end when they reach them. There are ...
X @Market Spotter
Market Spotter· 2025-08-17 09:03
Technical Analysis - The indicator identifies precise support and resistance levels for price reversals [1] - The support zone on the HYPE 2H chart is holding strong, driving the price upward [1] - A break of the resistance level suggests potential for further price growth [1]
X @Market Spotter
Market Spotter· 2025-08-15 09:57
Our indicator has detected key support and resistance levels on #AXS 1H. Price is testing the support zone, where a bullish reversal may start, targeting the resistance area. Watch closely – a sharp move could be coming soon. 📈 https://t.co/WIBtjdgSIE ...
Stock Of The Day: Breakout Time For D.R. Horton?
Benzinga· 2025-08-04 17:56
D.R. Horton, Inc. DHI shares are trading higher on Monday. They may be on the verge of a breakout, and if this happens, there is a good chance a new uptrend forms.This is why it is the Stock of the Day.DHI stock is moving higher. Check the price action here.In financial markets, certain price levels have more importance than others. These are called support and resistance levels.Support is a price level or narrow zone where there is a large amount of buy interest. Stocks stop going down when they reach supp ...
X @Market Spotter
Market Spotter· 2025-08-01 02:22
#BNBOur indicator shows precise support and resistance levels. Perfect tool for spotting key market zones! 📊🚀 https://t.co/jOzQHXj51X ...
X @Market Spotter
Market Spotter· 2025-07-29 20:23
Our indicator perfectly highlights key support and resistance levels on #ROSE. Watching for a potential bounce from support towards the resistance zone. Precision matters. 📊🚀 https://t.co/QuBntBA0TF ...
Stock Of The Day: Turning Point For Coterra Energy?
Benzinga· 2025-07-22 15:53
Core Viewpoint - Coterra Energy Inc. (CTRA) may be on the verge of a bullish reversal as it approaches a key support level, prompting traders to monitor for potential upward movement [1]. Price Action and Resistance - The phrase "Sell at former tops" indicates that stocks often face resistance when returning to previously established peak prices, such as Coterra's resistance around $29.50 encountered in January and again in March [2]. - The resistance at these levels is attributed to investors who bought at the top and later regretted their decision when prices fell, leading them to sell when the stock returned to these levels [4]. Support Levels - Coterra shares found a bottom around $22.30 in November 2024, which served as a support level when the stock returned to this price in May [5]. - Investors who sold at the bottom in November regretted their decision after the price rallied, prompting them to place buy orders when the stock returned to the same price, thus forming support [6]. Trading Insights - Successful traders recognize that identifying key support and resistance levels can lead to low-risk and profitable trading opportunities, as trends may reverse upon reaching these levels [6].
Stock Of The Day: Will Estee Lauder Fill The Gap?
Benzinga· 2025-06-17 19:42
Core Viewpoint - The stock of The Estée Lauder Companies Inc. is experiencing consolidation after a significant gain, encountering resistance at approximately $74.75, which may indicate a potential for further movement in the stock price [1][2]. Price Movement and Resistance - The stock gained over 10% on Monday before hitting resistance at $74.75, a level previously established in late February [1][3]. - The resistance at this price level is attributed to buyer's remorse from previous investors who sold their shares when the price dropped [5][7]. Market Dynamics - The presence of remorseful buyers at the resistance level indicates that if these sellers can be overpowered by new buyers, the stock may experience a rapid increase in price [6]. - The gap down from around $80.80 to $74.75 in January created a situation where there was no trading in between these prices, leading to fewer sellers if the stock returns to these levels [7][8]. Implications for Future Trading - If the stock can surpass the resistance level, it may lead to a scenario where buyers compete against each other, potentially driving the price higher [8].