JD.Com Inc (NASDAQ: JD)

JD.com, Inc., through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People’s Republic of China. It operates in two segments, JD Retail and New Businesses.

Take a look at the 1-year chart of JD.com (NASDAQ: JD) below with added notations:

JD has hit the $32 mark as resistance several times over the past few months. The stock now sits just a couple ticks below it. A solid close above $32 should lead to another leg higher for JD.

Continue Reading »

Star Bulk Carriers Corp. (NASDAQ: SBLK)

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. Its vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products.

Take a look at the 1-year chart of Star (NASDAQ: SBLK) below with my added notations:

Over the past3 months, SBLK has formed an $11.5 resistance (red), while also starting a trend line of support (green). Together, these two lines have formed an ascending triangle on SBLK. Eventually, the stock will have to break either the $11.5 resistance or the triangle support.

Continue Reading »

Bank of America Corp (NYSE: BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets segments.

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

Wide range for BAC

For most of 2019, BAC has been stuck within a large trading range. While in the range, the stock has formed an important $26 support (green) and a key resistance level at $31 (red), which is also the stock’s 52-week high area. At some point, BAC will have to break one of those two levels.

Continue Reading »

Hain Celestial Group Inc (NASDAQ: HAIN)

The Hain Celestial Group, Inc. manufactures, markets, distributes, and sells organic and natural products. It operates in seven segments: the United States, United Kingdom, Tilda, Ella’s Kitchen UK, Canada, Europe, and Hain Ventures.

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

1-year chart of Hain (NASDAQ: HAIN)

HAIN has a formed a repeated level of support at $20 (green), a mark that was also brief resistance in the beginning of September. The stock is sitting on that level again, and traders could be able to expect some sort of a bounce. However, if the $20 support were to break again, lower prices will likely follow, as they did in August.

Continue Reading »

ServiceNow Inc (NYSE: NOW)

ServiceNow, Inc. provides enterprise cloud computing solutions that define, structure, manage, and automate services for enterprises worldwide.

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

NOW has hit the $275 mark (red) as resistance multiple times over the past couple of months. The stock has made it close to that level once again and could be looking to finally break higher. A solid close above $275 should lead to much higher prices for NOW.

Continue Reading »