Category: Chart Wars

Chart Wars: Will Bank of America or JPMorgan Soar Higher on a Break of This Key Pattern?

February 24, 2022
Bank of AmericaBusiness & EconomyChart WarsCompanieseconomic policieseconomyEuropeInternationalJPMorganMarketsstocksUSUS NewsWorld
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Bank of America Corporation and JP Morgan Chase & Co. opened higher on Wednesday in tandem with the S&P 500, but selling pressure entered just after 9:35 a.m., when Newsweek released an exclusive report stating a full-scale Russian invasion of Ukraine was likely within 48 hours. Both stocks have been trading in a downtrend since Feb….

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Chart Wars: Between Lululemon and Nike, Which Stock Looks Set to Jump Higher, Faster?

February 11, 2022
Business & EconomyChart WarsCompanieseconomyLululemonMarketsNikestockstocks
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Lululemon Athletica, Inc. and Nike, Inc. have both fallen significantly from their record all-time highs, with Lululemon trading down about 30 percent since Nov. 16 and Nike losing about 20 percent of its value since Nov. 5. However, the bottom may be in for the stocks, because on Jan. 24 Lululemon and Nike both hit a support…

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