Papa John’s INTL, Inc. (NASDAQ: PZZA)

Papa John’s International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa John’s trademark in the United States and internationally. It operates through five segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others.

Take a look at the 1-year chart of Papa (NASDAQ: PZZA) with the added notations:

PZZA has a major level of support at $55 (green).  The stock recently dove below that level, but rallied strongly in order to hold the line. However, if the $55 support level were to finally break, lower prices should follow.

Continue Reading »

Diamondback Energy Inc (NASDAQ: FANG)

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas.

Take a look at the 1-year chart of Diamondback (NASDAQ: FANG) below with added notations:

1-year chart of Diamondback (NASDAQ: FANG)

FANG has been trending overall higher since last July, while recently stalling twice at the $135 level (green). That level was also FANG’s 52-week high resistance barrier, and now that the stock has broken above it, traders could look to enter a position on a pullback down to the $135 area.

Continue Reading »

Diamondback Energy, Inc. (NASDAQ: FANG)

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas.

Take a look at the 1-year chart of Diamondback (NASDAQ: FANG) below with added notations:

FANG has been trending overall higher since last July, while recently stalling twice at the $135 level (green). That level was also FANG’s 52-week high resistance barrier, and now that the stock has broken above it, traders could look to enter a position on a pullback down to the $135 area.

Continue Reading »

NVIDIA Corporation (NASDAQ: NVDA)

NVIDIA Corporation operates as a visual computing company worldwide. It operates through two segments, GPU and Tegra Processor.

Take a look at the 1-year chart of Nvdia (NASDAQ: NVDA) below with added notations:

1-year chart of Nvdia (NASDAQ: NVDA)

NVDA has stalled at the same $250 resistance area (red) several times over the past few months. The stock has recently turned higher again, and is currently sitting right at that $250 level now. A solid close above the resistance should lead to another leg higher for NVDA.

Continue Reading »

STMicroelectronics NV (NYSE: STM)

STMicroelectronics N.V., together with its subsidiaries, develops, manufactures, and markets semiconductor products worldwide. It operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.

Take a look at the 1-year chart of ST (NYSE: STM) below with added notations:

1-year chart of ST (NYSE: STM)

STM has been trading sideways over the past six months. While in the sideways range, the stock has formed a support area at around $21 (green), and a level of resistance at $25 (red). At some point, the stock will have to break out of the current trading range.

Continue Reading »