Swing Trading Pro -

February 21, 2020

Overbought Stock of the Day: Sprint (S)

Shares of Sprint (S) have reached an overbought state following a number of technical indicators. The share price recently nearly doubled on news that the company’s merger with T-Mobile had cleared regulatory hurdles. As a result of that approval, shares went from under $5 to over $9.50....

by Andrew Packer

February 21, 2020

Swing Trading Pro

Unusual Chart Pattern Appears in Twitter (TWTR)

Shares of Twitter (TWTR) have recently showed a key short-term reversal pattern. That is an engulfing pattern. In an engulfing pattern, two days of candlesticks are used. One stick engulfs the size of the other, including both the box and stick portion. It’s a classic reversal pattern. If...

by Andrew Packer

February 21, 2020

Swing Trading Pro

Oversold Stock of the Day: Ryder System (R)

Shares of Ryder System (R) are now at oversold levels. Shares dropped heavily following a lackluster earnings report with lower used truck values. Despite that bad news, overall financial and operating results were excellent. Nevertheless, markets are sensitive to bad news at the moment. Shares moved from...

by Andrew Packer

February 20, 2020

Swing Trading Pro

Overbought Stock of the Day: Duke Energy Corp (DUK)

Shares of Duke Energy (DUK) have become heavily overbought following a near-parabolic rally in shares in the past few weeks. Since the start of the year, shares of the utility are up over 10 percent. Since November, they’re up nearly 20 percent. Not surprisingly, shares are reading...

by Andrew Packer

February 20, 2020

Swing Trading Pro

Unusual Chart Pattern Appears in BP Plc (BP)

Shares of BP Plc (BP) have spent several months trading in a range. At the low end, shares have traded around $35. At the high end, shares have just missed out on hitting $40 or higher. One chart pattern has emerged that suggests that shares, currently...

by Andrew Packer

February 20, 2020

Swing Trading Pro

Oversold Stock of the Day: Wayfair Inc (W)

Shares of Wayfair Inc (W) have hit oversold levels. Shares recently had a one-day, 8-percent decline as the firm announced layoffs. These layoffs, 550 in number, would have accounted for 3 percent of the company’s workforce. Share prices tend to either rally strongly on layoff news,...

Swing Trading Pro

Overbought Stock of the Day: Sprint (S)

by Andrew Packer

Unusual Chart Pattern Appears in Twitter (TWTR)

by Andrew Packer

Oversold Stock of the Day: Ryder System (R)

by Andrew Packer

Overbought Stock of the Day: Duke Energy Corp (DUK)

by Andrew Packer

Unusual Chart Pattern Appears in BP Plc (BP)

by Andrew Packer

Oversold Stock of the Day: Wayfair Inc (W)

by Andrew Packer

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