Regency Centers Corp (NYSE: REG)

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas.

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

1-year chart of Regency (NYSE: REG)

After peaking in mid-December, REG has fallen into a sideways trading range. While in the range, the stock has formed a key resistance level at $59 (red), and a clear $55 support (green). At some point the stock will have to break one of the two levels.

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Cheesecake Factory Inc (NASDAQ: CAKE)

The Cheesecake Factory Incorporated operates restaurants in the United States. The company produces cheesecakes and other baked products for own restaurants and international licensees, as well as external foodservice operators, retailers, and distributors.

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

1-year chart of Cheesecake (NASDAQ: CAKE)

CAKE hasn’t made much progress since its gap lower last June. However, since that drop, the level of $50 (blue) has acted as both support and resistance on multiple occasions. Now that CAKE is pulling back again, the $50 level should provide support yet again.

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Arista Networks Inc (NYSE: ANET)

Arista Networks, Inc. provides cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company’s cloud networking solutions consist of its extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms, including universal leaf, spline, and universal spine products.

Take a look at the 1-year chart of Arista (NYSE: ANET) below with my added notations:

1-year chart of Arista (NYSE: ANET)

ANET has formed key support in the $240 (green) area over the past several months. The stock is also declining against a down trending resistance line (red). These two levels combined have ANET stuck within a common chart pattern known as a descending triangle. Eventually, the stock will have to break one of those two levels.

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Centurylink INC. (NYSE: CTL)

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental customers primarily in the United States. It operates in two segments, Business and Consumer.

Take a look at the 1-year chart of Century (NYSE: CTL) below with my added notations:

CTL had consistently been hitting the $19 level (green) as resistance for the past 9 months. However, the stock broke through that resistance earlier this month and continued up to almost $20. Now that CTL is sitting back on the $19 support, a bounce should be expected.

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PulteGroup, Inc. (NYSE: PHM)

PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on such land.

Take a look at the 1-year chart of Pulte (NYSE: PHM) with the added notations:

1-year chart of Pulte (NYSE: PHM)

PHM has a key level of support at $28 (green). The stock looks like its making its way back down to that level again, and traders should be able to expect some sort of a bounce from there. However, if the $28 support level were to break, lower prices should follow.

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