$COST breakout holding so far, but very little upside move since pushing through the resistance - just consolidation. Key support lies at the rising trend-line. Triangle in $GBTC nearing a breakout. A bit overextended inside the pattern, could benefit from a few days of consolidation first. The sell-off in $BYND [...]
$JETS nearing a potential bounce off of long-term support here from '20. UPDATE: $MKC Following a break of the head and shoulders neckline, watch the rising trend-line getting retested from '08, and whether it can finally find some support here. $URA increasing potential for a test of the rising trend-line [...]
$COTY Head and shoulders formed and testing the neckline for a confirmation. Heavy sell-off from peak right shoulder, better to see some consolidation or bear flag, before breaking down, or it is possible to result in a head-fake. $NEP has all-time lows in sight, and now sporting almost a 14% [...]
$TNX 10 year yield suggests we may very well hit 5% before the end of the year - very scary scenario for the entire economy, and a resistance level that goes back to 2001. Looking more and more like $TGT will ultimately, get to $94 for a test of long-term [...]
Instead of confirming the head and shoulders, $PLTR managed to bounce off the neckline, and create a short-term double bottom scenario. $F has a promising setup if it can break through short-term consolidation, but it is also dealing with heavy rejection at the 200-day moving average. $CCL needs to hold [...]
$CBRL has pulled back significantly to its long-term support. Last time this was tested was the covid lows. Also has a +8% divi currently. $GME couldn't hold the break above the declining trend-line. $UNH Retest of the declining trend-line and subsequent bounce from there. May encounter some resistance at $515. [...]
Impressive stock market bounce, but if those rates don't come down, the rally will fizzle as well, and so far the rates haven't budged. $TNX $NEE nearing the closest thing to support at $59. Losing $70 was a big deal, but very oversold on daily, weekly and monthly charts. $AROC [...]
$AMZN unable to hold on to key support here. Still possible though, and be careful of, a bear trap here with oversold market conditions. Ideal conditions for $URA entry would be on a pullback to the rising trend-line once a bounce materializes. Buying here at overextended levels, creates a high [...]
Two rejections for the $VIX at the 200 day moving average in the last two months. $X testing short-term resistance for a possible breakout. Something is begging to break right now. $TLT is heading for lows not seen since 2007. Two Rising trend-lines to watch on $ON.
$TGT continues with another leg lower with very little support underneath. Possible that this stock continues to drop until it tests $95. $SOFI confirming that head and shoulders, with little support underneath. Next level is $6.50 followed by $5.25. $RCMT testing key resistance. A push above would create a breakout [...]
$EBAY getting a pop out of news from $BX, but this support level could be tested yet again, and if broken, I'm looking for a move down to $40. Good chance $VIX gets to test the $18 level. Long-term trend-line for $MSFT was broken yesterday, and now attempting to hold [...]
If $YALA continues this run higher, you'll want to be mindful of the longer-term resistance overhead, and not too far away. Nice bull flag in $CMPR weekly forming, and also testing the 200-day MA. Be aware though, if it starts to run of the declining resistance that goes back to [...]
