$AMC remains absolute dog-water, being down 92% since December. Bulls are going to want to hold on to hold on to this key support level, or more turmoil should be expected. $GME declining trend-line off of the June highs remains well intact and continues to reject price on every test. [...]
Triple bottom in $DIS heading into its earnings. Never worth playing earnings, but could set up tomorrow if the stock rallies after hours. $NVDA breaking the declining trend-line here, rallying 19.3% in 7 days. Playing a breakout with that steep of a rally prior to, doesn't create an ideal reward/risk [...]
$COST back to testing major resistance. Previous attempts led to sharp rejections. $SMH right there on the upper channel band trying to break through here. $CELH with a heavy sell-off today. Watch these two key support levels.
$CVX Analysis 1) Short-term support broken, setting up for a retest of long-term trend-line. 2) Declining trend-line above creating lower-highs. 3) Short-term trend-line also broken. $FSLR declining channel remains perfectly intact and seeing a hard rejection off the upper channel band today. $AAPL starting the week by pressing up against [...]
$AMD struggling with the upper channel band resistance. Rising trend-line on $ACI remains intact. As long as it holds, the stock remains bullish. $MMM breakout above the inverse head and shoulders neckline.
$VIX breaking rising trend-line. Bears in full control of another volatility crush. Declining resistance on $BA broken today. Declining channel in $AMD. Room to run, but watch for a potential reversal around the 106-107 area. $ROKU with a bullish wedge. Watch for the potential upside breakout after it reports earnings.
Major support where $MSOS is attempting to bounce higher from. Any play to the upside is worth being aggressive with profit taking. $VZ pushing up against two significant layers of resistance: 1) Declining trend-line, and 2) price level resistance. Currently being tested, but neither broken as of yet. $ELF textbook [...]
Despite a double beat, $SOFI was unable to push through declining resistance. $VIX giving up a lot of its gains from the past three days. A break back below support could signal a dead-cat bounce for equities underway. Two developments in $RIVN today: 1) Broke its rising trend-line off of [...]
Long-term support on $F broken today. This is a scenario where trying to guess at where support might loom is not worth it. Best to let the stock start to base first instead of guessing where it might bounce. $XLF nearing a potential bounce area here. $GOOGLslicing right through support, [...]
$MO getting steamrolled post earnings, but may find some support here off of long-term rising trend-line at $36. A lot of chasing taking place in $SAVA over the last two days, but you'll want to be mindful, if long, that there is some heavy resistance looming above. $LLY looks like [...]
$SOFI Possible bullish wedge trying to form, but with price testing support, could be setting up for the next leg lower, which has very little support until sub-$5 Big move here out of $VIX today. May be setting up for another move up to 30. Holding support and bouncing this [...]
$MARA hitting up against some short-term resistance. Should it break through watch old trend-line resistance. $SPOT tested rising trend-line on Monday, and following earnings, had a strong bounce. Break July highs would establish higher high and the continuation of the existing trend. Nice gap above the resistance on $COIN today. [...]
