A-Mark Precious Metals (AMRK) is a precious metals platform that operates within the financial sector rather than the materials sector. "The AMRK stock has been in a long-term uptrend for two years but used the broad market weakness the past month-plus to retreat to its 200 daily moving average," says Kevin Horner. Next, ConocoPhillips (COP) stock price is up over 48% year-to-date. "Enjoying this uptrend, COP has seemingly used the 100 daily moving average as support for the trend dating back to September of 2021," Horner adds.
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