Connect with us

Hi, what are you looking for?

Stock News

Bearish Engulfing Patterns Forming on NVDA & MU

In this edition of StockCharts TV‘s The Final Bar, Dave recaps a day where technology shares struggles, with leading names like NVDA and MU dropping bearish engulfing patterns to indicate short-term distributions. He also addresses the ongoing divergence between large caps and small caps, the upside potential for energy stocks, and a bullish divergence for GILD.

See Dave’s chart showing a bearish candle pattern for QCOM here.

This video originally premiered on June 20, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

You May Also Like

Stock News

In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s driving the markets higher and what to be on the lookout...

Stock News

SPX Monitoring Purposes: Long SPX on 10/10/22 at 3612.39; sold 12/13/22 at 3669.91 = gain 1.59%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at...

Stock News

I don’t like it when parts of a puzzle don’t match. You just don’t get a clear picture. As participants in the markets, we...

Stock News

As a chartist, there are lots of charts to choose from to make a point about how bullish or bearish the market is. However,...