Mark Putrino

Mark Putrino

Benzinga Technical Analysis Editor

About
Mark began his career working for two of the greatest money managers in the history of the industry. He traded directly for both Mario Gabelli and Steven A. Cohen. He was also the Head Trader at three institutional money managers. In this capacit...
Stock Of The Day: Warner Bros. Bounces From Support As NBA Agreement Finalized
Shares of Warner Bros (WBD) are moving higher. The company announces that it was worked out a broadcasting agreement with the NBA.
Stock Of The Day: Is Pfizer Set Up To Rally?
Shares of Pfizer (PFE) may be about to reverse and head higher. They are both oversold and at a support level.
Stock Of The Day: Why Is Advance Auto Rallying On A Loss?
Shares of Advance Auto (AAP) are rallying despite posting an unexpected loss. Some investors are bullish on the stock in the long-term.
Stock Of The Day: Could Troubled Spirit Airlines Stock Recover?
Shares of Spirit Airlines (SAVE) had a short interest of 35%. This is an extremely high amount and may result in the stock moving higher.
Stock Of The Day: Home Depot Flashes Buy Signal As Earnings Beat Expectations
Shares of Home Depot (HD) may have just flashed a sell signal. The 5-day moving average has crossed above the 12-day.
Stock Of The Day: Micron Technology – The Best Traders Don't Guess
There trends to be resistance at levels that have been resistance previously. There trends to be support at former support levels.
Stock Of The Day: Expedia Appears Overbought And May Reverse
Shares of Expedia are much higher on news of a potential takeover. But they are extremely overbought and may reverse.
Stock Of The Day: Why Would Resistance For Zillow Turn Into Support?
The chart of Zillow (Z) illustrates a common occurrence in financial markets. Price levels that had been resistance can become support,
Stock Of The Day: Trump Media & Technology Hits Resistance, Reverses And Trends Lower
The last three times Trump Media (DJT) reached the $53.50 level it hit resistance. A reversal and move lower followed.
Stock Of The Day: Boeing Lands Some Good Lessons, Here's A Technical Analysis
'Seller's remorse can make support stay intact. 'Buyer's remorse' can turn what had been support into resistance.
Stock Of The Day: Can 'Market Memory' Support Marriott After Earnings Miss?
Marriott's stock dropped after weak Q3 earnings, but found support at $254, a previous resistance level. Remorseful sellers now buying back shares.
Stock Of The Day: Oil Climbs — And Chevron Follows Suit
Shares of Chevron (CVX) are trading higher because oil is as well. But they have hit resistance at a former support level.
Stock Of The Day: Emotions Drive Tesla As EV Maker Finds Resistance At This Level
Resistance can form at a certain price level due to 'buyer's remorse'. The chart of Tesla shows a clear example of this.
Stock Of The Day: Trump Media & Technology Runs Into Resistance
Relevant news can make stocks move up or down. But so can investor and trader psychology: Trump Media & Technology shows this.
Stock Of The Day: McDonald's Faces Resistance At This Level, Here's A Technical Analysis
If understood and applied correctly, technical analysis is the study of important price levels, trends, momentum, and psychology.
Stock Of The Day: Can Exxon Mobil's Selloff Reverse At Critical Support Zone?
Oil is declining due to Israel's decision not to target Iranian facilities, causing Exxon Mobil stock to potentially find support at $109.50 level.
Stock Of The Day: Amazon Chart Shows Some Things Are Obvious
The $180.00 level has been important for shares of Amazon (AMZN). This level has recently been both support and resistance.
Stock Of The Day: Coinbase Illustrates Important Price Levels
Support levels can convert into resistance because of buyers remorse. Resistance levels can become support because of sellers remorse.
Stock Of The Day: Starbucks Finds Support At $94, Will A Bidding War Force Stock Into An Uptrend?
Shares of Starbucks found support at a price that has been support before. There is a good chance that they rally off of this level.
Stock Of The Day: GM Earnings Fuel Breakout, Shares Accelerate Past Key Resistance Level
Shares of General Motors (GM) appear to be breaking out above the resistance at $50.00. This means a new uptrend may be forming.

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