Natural-gas drilling has rarely been so profitable. US producers Antero Resources Corp (AR) and EQT Corp. (EQT) are few stocks that shine in a down market.
Antero Resources Corp (AR) daily chart (May 3rd, 2022)
Antero Resources Corp. (AR) vs. EQT Corp. Comparison (AR) (May 3rd, 2022)
Here are some more stocks that are popular among investors. All of these stocks suffer huge losses after four-month market melt-down. All of these daily charts were taken after the market closed on May 2nd, 2022.
These stocks are popular among investors. How many of us have a chance to take a look at their daily charts after four solid months of huge market price erosion. Today, we take few well-known companies' daily charts to illustrate the damages that the market has done to these stocks. It is still hard to predict the market's future when the investment environment is the least desirable for years or even decades. There is one common characteristic among these charts: there are many overhead resistances and few supports. In other words, it is much easier to go lower than to make some headway on the upside.
AMD daily chart (April 29th, 2022)
