Shares of Ingersoll-Rand (IR) have risen by over 11.5 percent so far this month. That kind of move has resulted in a steep price chart. While not quite parabolic in nature, it’s steep enough that shares will likely face a sizeable pullback. When that happens, shares...
Shares of Plains All American Pipeline (PAA) have been in a decline for the past few weeks. As a player in the energy space, shares have been hammered as oil prices have dropped significantly. However, shares have now reached oversold levels after dropping over 15 percent...
Shares of Automatic Data Processing (ADP) may be about to reverse. That’s based on a two-day candlestick pattern known as an engulfing pattern. Essentially, in an engulfing pattern, an up candlestick is proceeded the next day by a large down candlestick that engulfs the prior up candle. It...
Shares of CoreLogic are heavily overbought. Like many tech names in recent weeks, the monster rally in stocks are leading shares higher. For CoreLogic, shares have started to move at nearly a 45-degree angle. Anything higher would be parabolic, and a sign of an outright bubble. Over...
Shares of Norwegian Cruise Lines Holdings (NCLH) reached oversold levels recently. The hospitality company had been moving higher with the rest of the market in December and January. However, it has seen a disconnect in recent weeks thanks to the coronavirus outbreak. Public health concerns have led...