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Stock Of The Day: Will Tesla Rebound?
Benzinga· 2025-07-09 02:13
Trading in Tesla, Inc. TSLA is relatively quiet Tuesday. This follows a period of extreme volatility. But while Elon Musk may not be very predictable, the action in Tesla stock has been.This is why it's our Stock of the Day.As you can see on the chart, Tesla recently hit resistance and reversed off the $359 level. This wasn't a coincidence. There tends to be resistance at price levels that had previously been resistance.This happens because of buyer’s remorse.Some people bought shares of Tesla at around $35 ...
Stock Of The Day: Disney Buyers Get Aggressive After Breakout, Setting Up Next Move
Benzinga· 2025-05-09 02:48
Shares of The Walt Disney Company DIS continue to rally on Thursday after a more than 10% increase on Wednesday. It was driven by news that the company posted stronger-than-expected growth, in part due to demand at US theme parks.The announcement caused the stock to break out, and now it may even be getting close to another breakout. Benzinga’s team of expert technical analysts has made it our Stock of the Day.Stock rallies tend to end or halt when they reach resistance levels. These are price levels or nar ...