The Point & Figure chart below shows the Nasdaq forming two lows in the 1200 area and then breaking above its intermittent high this year. It looks like a massive Double Bottom with an upside price target around 5000. Each box equals 100 points to insure a long-term chart going back to 2000, which was the last time the Naz saw 5000.
Click this image for a live chart.
Karl Montevirgen introduces an exciting new instructional blog through the ins and outs of using StockCharts.... READ MORE
Here's an analysis of the recent bullish developments in the Shanghai Stock Exchange Composite Index and liquid Chinese ETFs. ... READ MORE
Check these must-see StockCharts signals before you cast off for the summer and see whether August's market currents say "stay the course" or "make adjustments."... READ MORE
Discover why SMCI stock's steady breakout, key support levels, and AI-driven upside could reward patient investors.... READ MORE
The chart of Meta Platforms, Inc. (META) has completed a roundtrip from the February high around $740 to the April low at $480 – and all the way back again. Over the last couple weeks, META has pulled back from its retest of all-time highs, leaving investors to wonder what may... READ MORE
Markets don't usually hit record highs, then risk falling into bearish territory, and spring back to new highs within six months. But that's what happened in 2025. In this special mid-year recap, Grayson Roze sits down with David Keller, CMT, to show how disciplined routines, price-based... READ MORE