Mark Putrino

Mark Putrino

Benzinga Technical Analysis Editor

About
Mark began his career working for two of the greatest money managers in the history of the industry. He traded directly for both Mario Gabelli and Steven A. Cohen. He was also the Head Trader at three institutional money managers. In this capacit...
Stock of the Day: Baidu — Will Buyer's Remorse Turn Support Into Resistance?
Shares of Baidu may have broken their recent downtrend. They may be about to form a new uptrend. That's why Baidu is our Stock of the Day.
Stock Of The Day: General Motors Chart Reveals Seller's Remorse
Markets are driven by psychology. Seller's remorse can create support in the market. The chart of General Motors (GM) shows this.
Stock Of The Day: Tesla's Q2 Deliveries Spark Rally - Will Resistance Halt The Climb?
The Chart of Tesla (TSLA) is a great technical analysis lesson and illustrates a possible exit strategy. Sell at former peaks.
Stock Of The Day: Reversal Pattern Here. Reversal Patten There. Is Micron Technology Moving Lower?
Classic Bearish Technical Analysis Patterns have formed on the chart of Micron Technologies. It may be going lower.
Stock Of The Day: Plug Power, Oversold At Key Support Level – Ready For An Upswing?
Shares of Plug Power may rally. The are oversold and at support. These conditions set the stage for a move higher.
Stock Of The Day: It's No Coincidence CVS Health Stock Found Support Where It Did
It isn't a coincidence that shares of CVS Health Corporation (CVS) found support where they did. It was at a former resistance level.
Stock Of The Day: Is Carnival Corporation Ready For A Breakout?
Carnival Corp (CCL) stock may break out from $17.60 resistance level, signaling bullish trend. Traders see potential for new uptrend, experts say.
Stock Of The Day: GameStop Stock Chart Illustrates Trading Lesson
Market gurus come and go, but market principles never change. A look at how the GameStop chart shows a technical lesson.
Broadcom Pulls A Nvidia As Shares Reverse, Appear Likely To Refill Gap: Chart
Broadcom shares may be set to refill a gap. Here's a chart to show how the company just completed an inverted 'V top' pattern.
Stock Of The Day: NVIDIA Is In A Classic Bearish Engulfing Pattern — Does It Mean Trouble Ahead?
A 'Bearish Engulfing Pattern' has formed on the chart of NVDA. This may mean a move lower may soon follow.
Stock Of The Day: Why Palantir May Be About To Reverse
Palantir stock (PLTR) may be about to reverse. The shares are overbought and getting close to a resistance level.
Stock Of The Day: Chart Of Aaron's Holding Company Teaches Important Lessons
There’s an old saying on Wall Street - "Gaps refill." It’s true, and it can be seen on the chart of Aaron’s Holdings Company, Inc. (NYSE: AAN).
BZ Chart Of The Day: Is Bitcoin Going Even Lower?
Bitcoin (CRYPTO: BTC) has been trending lower. Now it appears to have broken an important support level. That means there’s a chance the downtrend continues.
BZ Chart Of The Day: Bed Bath & Beyond
The Bed Bath & Beyond (NASDAQ: BBBY) frenzy of the past week illustrated an important market principle.
BZ Chart Of The Day: Johnson & Johnson Is Nearing This Key Support Level
Johnson & Johnson (NYSE: JNJ) stock is oversold and getting close to a level that has been support in the past. Oversold refers to momentum. It means the stock has been aggressively sold so hard that it is below what would be its usual or typical trading range.
BZ Chart Of The Day: Why This Chart Spells 'Recession'
The yield curve is the most inverted that it has been since 2000. This could be a sign of recession. It has been an accurate indicator in the past. The amount of a dividend that a bond pays is fixed. So as the price of the bond fluctuates, so will the percentage yield.
BZ Chart Of The Day: Rectangle Pattern Forms In Opendoor Technology
When a stock is in a trading range for an extended period of time, a rectangle pattern forms on the charts. This is the case with Opendoor Technologies (NASDAQ: OPEN).
BZ Chart Of The Day: Airbnb Finds Support
Shares of Airbnb, Inc. (NASDAQ: ABNB) have trended lower since the company reported its earnings. But the stock has found support around $108. This means it may rally. There is a reason why the $108 level is support. It’s because it has previously been a resistance level.
BZ Chart Of The Day: Is Meta About To Breakdown?
Shares of Meta Platforms Inc. (NASDAQ: META) may be about to form a new downtrend. The stock is testing support. If the support breaks it could make a rapid move lower.
BZ Chart Of The Day: Is It Time To Buy Walmart?
Sometimes a market can have a memory. This is why it may be time to buy Walmart Inc (NYSE: WMT).