Don't Ignore This Chart!

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About this blog: Don't Ignore This Chart!The Don't Ignore This Chart blog contains daily articles with intriguing or unusual charts selected by one of our Senior Technical Analysts, along with a short explanation of what exactly caught their attention and why they believe the chart is worth noting. Learn More

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Don't Ignore This Chart!

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SBUX Stock Price Skyrockets: Is Now the Time to Buy?

by Karl Montevirgen

If you checked the StockChartsTechnical Rank (SCTR) report on Tuesday morning, you might have seen the massive spike in Starbucks' (SBUX) change in value of +62.3. It occupied the highest "Top Up" spot for the Large-Cap stocks category...Read More 

Don't Ignore This Chart!

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Will USO Soar to $83? Here Are the Key Levels to Watch!

by Karl Montevirgen

Oil prices are climbing after the EIA reported a surprise inventory crunch. Adding fuel to the fire? Tensions in the Middle East. WTI Crude has been trading in choppy motion since March 2023...Read More 

Don't Ignore This Chart!

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QQQ: Critical Levels to Watch as Nasdaq Teeters on the Edge

by Karl Montevirgen

Just Another Manic Monday? On Monday, the Nasdaq plunged over 3%. With the S&P 500 dropping a similar amount and the Dow plummeting over 1,000 points (a 2.6% drop), it was the biggest one-day drop since September 2022...Read More 

Don't Ignore This Chart!

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Small Caps Poised to Soar: Is Now the Time To Buy IWM?

by Karl Montevirgen

In July alone, the iShares Russell 2000 ETF jumped upwards of 12%, outpacing the S&P 500, before retracing half that distance...Read More 

Don't Ignore This Chart!

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Semiconductors Are Down: Is Now the Time to Buy SMH?

by Karl Montevirgen

Nvidia (NVDA) was perhaps the most outstanding semiconductor trade of 2024. While some people might have missed out, there are still plenty of chances to get in. But it's also wise to look for a diversified alternative...Read More 

Don't Ignore This Chart!

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Missed the Gilead Surge? Here's What You Need to Know About the Big Move

by Karl Montevirgen

In late June, Gilead Sciences (GILD) stock surged following positive results of a late-stage trial for its latest HIV drug. The big market buzz was that Gilead was on the verge of something huge, and investors were not about to wait around for proof...Read More 

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CrowdStrike's Epic Fail: Here are the Critical Trading Levels to Watch Now!

by Karl Montevirgen

Almost everyone felt the ground shake on July 19 when security vendor CrowdStrike (CRWD) initiated a faulty software update that caused a Windows systems failure worldwide, and millions of screens displaying the infamous blue screen of death (a.k.a. BSOD)...Read More 

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Why Homebuilder Stocks are on Fire Right Now!

by Karl Montevirgen

Homebuilder stocks are experiencing a significant rally as markets anticipate a rate cut in September, and possibly more before the end of 2024. What Triggered the Bullish Turn? Earlier this week, Fed Chair Jerome Powell hinted at rate cuts later this year...Read More 

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Carvana Stock Is Picking Up Speed. Is Now the Time To Buy?

by Jayanthi Gopalakrishnan

Carvana (CVNA) stock has recently appeared in the StockChartsTechnical Rank (SCTR) Top 10 list, which makes it a stock worth analyzing...Read More 

Don't Ignore This Chart!

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Silver's AI Boom: The Next Big Trade You Need to Know About

by Karl Montevirgen

Over the last few years, the "AI trade" has shifted from the hottest trend to a portfolio centerpiece. The rationale for the shift is obvious: it's hard to imagine future technology without AI...Read More