On this week’s version of Inventory Speak with Joe Rabil, Joe reveals four patterns that may be useful in in search of a reversal when a pattern nonetheless seems to be in place. He reveals the totally different patterns, together with Transferring Common and MACD configuration. Since there have been plenty of questions on Vitality, he spends time discussing USO and XLE and some power requests, earlier than going by the opposite inventory requests that got here by this week, together with SBUX, TSLA and extra.
This video was initially broadcast on August 18, 2022. Click on this hyperlink to observe on YouTube. You may also view new episodes – and be notified as quickly as they’re revealed – utilizing the StockCharts on demand web site, StockChartsTV.com, or its corresponding apps on Roku, Fireplace TV, Chromecast, iOS, Android and extra!
New episodes of Inventory Speak with Joe Rabil air on Thursdays at 2pm ET on StockCharts TV. Archived episodes of the present can be found at this hyperlink. Ship image requests to stocktalk@stockcharts.com; you may also submit a request within the feedback part beneath the video on YouTube. Image Requests might be despatched in all through the week previous to the subsequent present. (Please don’t go away Image Requests on this web page.)

Joe Rabil, President of Rabil Inventory Analysis, has supplied technical inventory analysis to among the largest institutional cash managers on the planet for the previous 30 years. He’s an knowledgeable in using a number of timeframe evaluation and momentum traits of developments. Throughout his profession, he has recognized and applied strategies to assist enhance inventory choice and timing.
Rabil Inventory Analysis is devoted to offering unbiased evaluation of shares and markets.
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