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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...
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Stock Of The Day: Time To Buy General Mills?
Shares of General Mills are trading lower. The company reported earnings that exceeded estimates, but it also reduced annual guidance.
Stock Of The Day: Is Pfizer About To Break Out? Expect A New Uptrend If Resistance Breaks
Shares of Pfizer (PFE) are trading higher after the company affirmed its guidance. They are currently testing resistance.
Stock Of The Day: Will Airbnb Make A Rapid Reversal?
Shares of Airbnb (ABNB) found support at a former support level during Friday's sell-off. There is a good chance they reverse and move higher.
Stock Of The Day: When Will Nucor's Selloff Hit Bottom?
Shares of Nucor (NUE) dropped more than 5% due to a downgrade at UBS. There is a chance the stock finds support around current levels.
Stock Of The Day: Historic Technical Analysis Lesson In CVS
'Market Memory' means that important price levels can stay intact for weeks, months, or even years. The chart of CVS proves this.
Stock Of The Day: MongoDB Finds Support After Post-Earnings Volatility
Shares of MongoDB (MDB) fell despite the company posting earnings that beat estimates, The shares found support at a former resistance level.
Stock Of The Day: Bearish Pattern Flags MicroStrategy Weakness
A 'Descending Triangle' has formed on the chart of MicroStrategy Incorporated (MSTR). This pattern is bearish. The stock may head lower.
Stock Of The Day: Is Amazon's Run Setting Up For A Cooldown?
Shares of Amazon.com (AMZN) been an important contributor to the market's recent strength. But now they are overbought and may reverse.
Stock Of The Day: Turbulence Ahead For Boeing?
Shares of Boeing Co. (BA) are getting close to resistance. Stocks tend to sell off of resistance when nervous sellers undercut each other.
Stock Of The Day: Sell Signal In Riot Platforms?
Shares of Riot Platforms (RIOT) may be forming a new downtrend. A moving average crossover strategy has just generated a sell signal.
Stock Of The Day: Where Will The Eli Lilly Rally End?
Shares of Eli Lilly (LLY) are approaching a price level that had previously been a peak. There is a good chance they hit resistance at it.
Stock Of The Day: Is General Motors Headed Lower?
Shares of General Motors (GM) may be breaking support at an important level and may be forming a new downtrend.
Stock Of The Day: Stellantis Faces Uncertainty, But Could Support Trigger A Rally?
Stellantis N.V. (STLA) are trading lower after the CEO resigned. They are getting close to a support level. Technical traders sense profits.
Stock Of The Day: Classic Pattern Suggests Apple Could Head Higher
A classic Ascending Triangle Pattern forms on the Apple (AAPL) chart. It is a pattern that suggests the stock may head higher.
Stock Of The Day: Autodesk Beats Earnings As Shares Find Support At This Level
Shares or Autodesk (ADSK) are trading lower despite beating earnings. Some investors are selling over concerns of reduced margins.
Stock Of The Day: Kohl's Going Even Lower? Retailer Reports Revenue Way Below Expectations
Shares of Kohl's have broken long-term support. This comes after it reported earnings that were short of estimates.
Stock Of The Day: Macy's Hits Resistance Following Accounting Scandal
Stocks tend to reverse and sell off after they reach resistance. This is what happened with Macy's (M) the last two times it reached $16.40.
Stock Of The Day: The Gap Gaps Higher, Will Likely Run Into Resistance At This Level
Shares of The Gap (GPS) are trading higher this morning. The company beat earnings estimates. It also increased its guidance.
Stock Of The Day: Williams-Sonoma Gaps Up, Stalls Out
Shares of Williams-Sonoma (WSM) gap up after a strong earnings report. But the move higher appears to have ended.
Stock Of The Day: Delta Air Lines Bullish Pattern Suggests Upside Ahead
A classic Bullish Engulfing Candlestick Pattern has formed on the chart of Delta Airlines (DAL). It suggests the stock may head higher.