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Alex Wolsky

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Akamai (AKAM) Bull Flag Near Big Weekly Breakout

Akamai (AKAM) shares flagging above April value and nearing a breakout move through $122 with room to run up to $131.50. AKAM is ‘ready to run’ also with momentum starting to inflect higher after pulling back from recent strength. The bigger picture chart is very...

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Hasbro (HAS) Earnings Preview

Hasbro (HAS) set to report earnings on 4/19 before the open with the Street looking for $0.61 on $1.15B in sales. Next quarter is guided to $0.94/$1.32B while the FY is $5.15/$6.61B. HAS shares have closed higher in three of the last four with a nearly 7% average...

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Weekly Market View 4-17-22

The S&P (SPX) continued to pullback this week tagging the 50% retracement of the rally off the 3/14 lows while struggling to hold the top of monthly value. There’s a narrow channel forming back into some key short-term support after a strong close to March -- we...

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Oasis Petroleum (OAS) Bull Flag

Oasis Petroleum (OAS) nice bull flag setting up under $155.50 and closing just above April value on Wednesday. A breakout move has room to $162.50 and then up to $178 as it continues the longer-term trend higher. OAS has seen momentum reset and starting to inflect...

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Coal Stock Looks Ready to Catch Up to Peers

Arch Resources (ARCH) strong chart and looking to follow peers AMR and BTU to new 1-year highs after closing above April value on Tuesday. Shares are consolidating the recent run higher under $165 and a breakout move has room to run to $185 in the short-term. ARCH has...

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Weekly Market View 4-10-22

Technical Market View The S&P 500 (SPX) posted its first weekly loss in a month as investors prepare for tighter monetary policy from the Fed. We pulled back just above the 38.2% Fibonacci retracement of the run from the February lows while the 21- and 55-EMA were...

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