Each night I provide a recap of the charts and technical analysis of some of the most intiruging market development. Call it “cleaning out of the notebook” per se. Here you will get a hodge-podge of analysis on different stocks, sectors, ETFs, and market indices. Some of them, may have been requests from members of the SharePlanner Trading Block, or to help those on the prowl for technical analysis on various charts. Hopefully they help spark an idea or two for your next winning trade!
$BABA facing major resistance on the weekly chart here.
$PYPL testing major support here.
$GDX nearing some resistance, and wouldn’t be bad for the stock to dip a little lower once it tests and form that right shoulder.
$EBAY a mixed bag… bull flag in the short-term but potential head and shoulders pattern forming in the long-term.
$TEN with a nice red to green move and massive bullish engulfing candle today.