Avis Budget Group Inc (CAR) has been soaring this year, but it has recently met resistance. If the stock breaks through this resistance line, it could be headed for a breakout. Read more to learn how to profit from this trade.
Author archives: Christian Tharp
Sunstone Hotel Investors Inc. is Setting Up for a Big Move
Sunstone Hotel Investors Inc. (SHO) is trading within a rectangle pattern and when it breaks its resistance or support levels, a strong move is expected.
Diamondback Energy Ready to Breakout?
Diamondback Energy Inc. (FANG) has been trending higher since October, but has recently hit resistance. If the stock breaks through this resistance line, a breakout could soon occur. Read more to learn how to profit from this trade.
Breakout for EOG Resources in the Charts?
A key level of resistance has emerged in the chart of EOG Resources (EOG). If the stock surpasses this level, a breakout is expected soon. Read more to learn how to profit from this trade.
CarMax Ready to Breakout?
A key level of resistance has formed in the chart of CarMax (KMX). If the stock breaks through this level, a breakout is expected. Read more to learn how to take advantage of this trade setup.
Best Buy’s Stock is Approaching Critical Technical Level
A support level has formed, but if the stock falls below this level, a breakdown is expected.