Stock of the Day

Trading in Webster Financial Corporation (NYSE:WBS) shows a classic ascending triangle. These patterns are bullish and could suggest a move higher. This is why Webster is the Stock of the Day. Some investors dismiss chart analysis as little more than astrology. But at its core, technical analysis...

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares are moving higher on Friday. But the move may be over. The shares are overbought and at resistance. These can be bearish dynamics that set the stage for a move higher. This is why BigBear is the Stock of the Day. • What’s going on with...

Enphase Energy, Inc. (NASDAQ:ENPH) shares are consolidating on Thursday. They have gained about 130% since May 1. Enphase is in a short-squeeze. When short squeezes end, the stocks can drop back to the same level they started at. This is why Enphase Energy is the Stock of the Day. People who sell...

Shares of Redwire Corporation (NYSE:RDW) continue to move higher on Wednesday. They have gained about 200% in just a month. Traders don't know when this rally will end, and those who own the shares are analyzing possible exit strategies. This is why Redwire is the Stock of the Day. ‘Sell at former...

Trading in Coinbase Global, Inc. (NASDAQ:COIN) is quiet on Tuesday. The shares are getting close to the $182 level. Coinbase is the Stock of the Day. It is in a trading range, and these dynamics offer profit opportunities. • Coinbase Global shares are experiencing downward pressure. What...

Rigetti Computing, Inc. (NASDAQ:RGTI) is trading higher on Friday. There is a chance the uptrend continues. We have made Rigetti the Stock of the Day. The shares may be breaking a resistance level. This could be a bullish dynamic that can set the stage for a move higher. Successful traders know...

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) are trading lower on Thursday. The downtrend may just be getting started, with the stock potentially headed to fill a gap. This is why Cisco is our Stock of the Day. In the stock market, support is a price or narrow price range where there is a large...

Tesla, Inc. (NASDAQ:TSLA) shares are moving higher on Wednesday. There is a chance the move continues as a classic ‘hammer' pattern forms on the chart. This is why Elon Musk‘s electric vehicle company is the Stock of the Day. Technical analysis has a dubious reputation, and it's easy to...

Corning Incorporated (NYSE:GLW) shares are trending lower on Tuesday. They lost almost 7% yesterday following an announcement that there was significant selling by an insider. There is a chance that the shares will rebound. This is why we have made Corning the Stock of the Day. In the financial...

Workday, Inc. (NASDAQ:WDAY) shares are trading higher on Monday, although they have been trending lower for years. But the long selloff may finally be over. This is why we have made Workday the Stock of the Day. ‘Markets have memories' is an old saying on Wall Street. It refers to how an important...

Shares of Ford Motor Company (NYSE:F) continue climbing on Thursday. The shares soared more than 13% on Wednesday because of a bullish research report that was released. But the rally may soon end. This is why we have made Ford our Stock of the Day. As you can see on the chart, last February the...

Qualcomm Incorporated (NASDAQ:QCOM) shares are trading lower on Tuesday. After a parabolic rally that left them extremely overbought, they have finally reversed. Now traders are looking for levels that may provide support. This is why we have made Qualcomm the Stock of the Day. A stock that is...

Shares of Rocket Lab Corporation (NASDAQ:RKLB) are trading sideways on Monday. But the recent rally may continue. They may have broken out again on Friday. This is why Rocket Lab is the Stock of the Day. If a stock or a market is in an uptrend, it is because it is out of equilibrium. There is more...

Intel Corporation (NASDAQ:INTC) shares are trading sideways on Friday. This comes after an epic rally. They have gained more than 150% since April 1. But they may be on the verge of a reversal. We have made Intel our Stock of the Day. When stocks hit price levels that had been important in the past...

Rio Tinto Group (NYSE:RIO) shares are moving higher Thursday. They gained 5% yesterday after some bullish commentary from the CEO. The rally broke through resistance. But now the shares are overbought and may consolidate before moving higher again. This is why Rio Tinto is the Stock of the Day....