Allstate Corporation (ALL) has been trading in a sideways trading range where the stock has formed a resistance line and a level of support. At some point, the stock is…
Author archives: Christian Tharp
Is Global-E Online Setting Up for a Breakout?
A down-channel chart pattern has formed in the chart of Global-e Online Ltd. (GLBE). This occurs through a combination of a trend line support that runs parallel to a trend…
Is Diana Shipping Headed for a Big Move?
A symmetrical triangle pattern has formed in the chart of Diana Shipping Inc. (DSX). This occurs when a down trending resistance is combined with an up-trending support line. The stock…
Is Airbnb Ready to Breakout?
A resistance line has formed in the chart of Airbnb Inc. (ABNB). The stock is also supported by a rising trendline. If the stock breaks through its resistance, a breakout…
Is AerCap Holdings Setting Up for a Breakout?
A resistance line has formed in the chart of AerCap Holdings NV (AER). If the stock breaks through this resistance level, a breakout is expected. Read more to learn how…
Is Azul Headed for a Breakdown?
A support level and a down trending resistance line has formed in the chart of Azul SA (AZUL). These two lines have created a descending triable pattern, which is a…
Is Equinox Gold Headed for a Breakout?
An up-channel chart pattern has formed in the chart of Equinox Gold Corp (EQX). If the stock breaks above its trendline resistance, a breakout is expected. Read more to learn…
Is Autolus Therapeutics Setting Up for a Big Move?
A symmetrical triangle pattern has formed in the chart of Autolus Therapeutics PLC (AUTL). The stock is expected to either break through its resistance line or fall through its support…
Is Albemarle Setting Up for a Breakdown?
A support line has formed in the chart of Albemarle Corp. (ALB). If the stock falls through this line, a breakdown could occur. Read more to learn how to take…
Is SunCoke Energy Setting Up for a Big Move?
A level of support has formed in the chart of SunCoke Energy Inc. (SXC). The stock has recently rallied off that level, but if it reverses course and falls through…