Earnings reports have sparked big swings for tech stocks. Here's what chart experts are watching

A whirlwind earnings week saw traders jumping in and out of some of the biggest stocks in the market. In the coming days, technical experts will be watching to see whether those moves have staying power. So far, companies with negative earnings surprises are seeing their stocks slide by 2.5% on average, slightly higher than the typical decline of 2.3% for this part of earnings season, according to a note from John Butters at FactSet on Friday.

What's next for Meta Meta looks like a potential example of the gap being filled after its sharp drop on Thursday. Stockton said the stock did cross some resistance areas and described the move as a "short-term breakdown." However, shares closed above their lows on Thursday and then ticked up on Friday. For investors who still want to sell Meta, this upward trend is a sign that it might be best to wait, Stockton said.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Meta Platforms Earnings: META sinks 10% on lower Q2 revenue guidanceThis must be 'opposites' week.
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »

Meta Earnings Preview: Can Social Media Giant Deliver on Sky-High Expectations?Stocks Analysis by Investing.com (Alessandro Bergonzi) covering: NASDAQ Composite, Meta Platforms Inc. Read Investing.com (Alessandro Bergonzi)'s latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Meta's earnings report comes as 'Magnificent Seven' stock looks to return to all-time highAfter its most recent report, shares of the Facebook parent shot up 20%.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Stock Market Today: Rally Fades as Tesla Soars; Meta Earnings on DeckU.S. stocks were little changed Wednesday ahead of some key economic data and more mega-cap tech earnings.
Fuente: Newsweek - 🏆 468. / 52 Leer más »

Meta earnings preview: 'Hard to argue with excellence'Meta earnings preview: 'Hard to argue with excellence'
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Earnings playbook: Your guide to trading a huge week of reports, including Meta PlatformsA big week of earnings looms, featuring some of the largest companies in the world.
Fuente: CNBC - 🏆 12. / 72 Leer más »