Category Archives for Chart of the day

Extreme Option Profits Chart of Day…Apple (AAPL)

Apple has become ridiculously oversold. After pulling back from $157.50 to $143.43, the stock appears to have caught strong support dating back to July.  From here, we’d like to see a bearish gap refill around $148.  It’s also wildly oversold on RSI, MACD, and Williams’ %R at the moment.  Helping, Wedbush analyst Dan Ives says […]

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Extreme Option Profits Chart of Day…Crocs (CROX)

Keep an eye on Crocs (CROX). After running from a low of $20 to $149, the stock continues to trend higher.   From here, CROX could potentially see $160 after announcing it expects to have “$500M of shares in 2021 by the end of the fiscal third quarter. In addition, the company announced it will enter […]

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Extreme Option Profits Chart of Day…Denison Mines Corp (DNN)

With uranium prices on the move, stocks like DNN could push even higher.  At the moment, investors are betting that nuclear power could be a part of the move away from fossil fuels. Also, the world is running into a supply-demand issue.  For 2021, with a lack of new uranium mines, supply could fall 15% […]

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Extreme Option Profits Chart of Day…Moderna (MRNA)

While MRNA is above $400, it still offers a good deal of opportunity, as the pandemic gets worse.  At the moment, about 160,000 Americans are testing positive for CV-19 every day.  Worse, according to former US FDA Chief Scott Gottlieb, the Northeast could experience another jump in cases tied to the delta variant.  “I think […]

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Extreme Option Profits Chart of Day…Li Auto (LI)

Take a look at Li Auto (LI). After bouncing from double bottom support, the stock is beginning to break higher, and could retest prior resistance around $35 a share.  If it can break above that point, the stock could potentially rally to $37.50.  Helping, Bank of America analyst Ming Hsun Lee just raised the firm’s […]

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Extreme Option Profits Chart of Day…Advanced Micro Devices (AMD)

Investors may want to buy the pullback in Advanced Micro Devices (AMD).  After pulling back from $122.49, the AMD stock found support around $105, and is just beginning to push higher.  Helping, Goldman Sachs just reiterated a buy rating on the stock after hosting investor meetings with the company.  BMO Capital analysts also upgraded AMD […]

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Extreme Option Profits Chart of Day…Lyft Inc (LYFT)

Investors may want to pay close attention to Uber and Lyft. Late last week, a California court struck down a measure that exempted these companies from a “state law requiring drivers to be classified as employees eligible for benefits and job protections,” as noted by USA Today. In addition, according to The Wall Street Journal, […]

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Extreme Option Profits Chart of Day…Axsome Therapeutics (AXSM)

After gapping from $50 to about $21.50, AXSM has become oversold at support dating back to 2019.  It’s also oversold on RSI, MACD, and Williams’ %R.  From here, we’d eventually like to see a bearish gap refill at $50 – with patience.  “Axsome Therapeutics announced that the U.S. FDA informed the company in a teleconference […]

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Extreme Option Profits Chart of Day…Volatility Index ($VIX)

Markets have gone haywire. With plenty of global issues, pandemic numbers, and poor retail sales, investors are nervous. And rightfully so… With regards to the virus, the number of global cases is now up to 208 million, with nearly 4.4 million deaths. In the U.S. alone, there are 36.8 million cases to date, with 622,437 […]

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Extreme Option Profits Chart of Day… Lithium Americas (LAC)

The global push for electric vehicles is only accelerating. All as the world pushes for lower emissions. The U.S. for example just pledged to reduce emissions by up to 52%, which could provide a sizable boost to the EV industry.  The UK just announced plans to stop the sale of diesel and gasoline vehicles by […]

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