Stock charts and technical analysis
$LABU breaking the declining trend-line and pushing through the 200-day moving average. Nice breakout this week in $IWM. Despite two days of selling, still the breakout is intact. Oh the humanity!!! $QQQ down .17 cents for the week. First negative week in 7 weeks. $DUST riding trend-line off of the [...]
$SMAR Watch this support level in the coming days to see if price can hold it and eventually bounce. Definitely one though that I would not buy right away. Consolidation in $TGT before what looks like another leg lower. Trend-line off of the May lows continues to hold strong for [...]
$SHOP with a notable bearish engulfing candle pattern following Monday & Tuesday's breakout of the bull flag - could be a signal this trade is reversing hard here. $MVIS - doesn't get much more parabolic than this. A few questions to ask about this stock: 1) How many times in [...]
Despite being down 4 of the last 5 days, potential continuation triangle at absurd levels. $BA intraday sell-off essentially keeps the stock right in the middle of the sideways channel it has been stuck in since January. $COIN attempting to hold support going back January of this year. A break [...]
$TTD attempting to break out of a year-long sideways channel. Watch $SBUX as it tests the underside of its broken trend-line. I expect some push back and if it holds could set up for the next leg lower. $AAPL breakout to new all-time highs. $LULU sharp rejection at resistance and [...]
This move in $XLK over the past month blew right through its rising channel and never looked back. $MELI short-term rising channel in play - looking for a bounce back towards 1400, if it holds. $CCJ pushing through huge resistance as it breaks out of a long-term triangle. Not a [...]
Strong move for $SOFI, but it still has to do battle at the $8 mark, which has rejected price on the previous two rally attempts. $NVDA gap closed, but the effort to bounce it after that failed. Watch for an attempt at filling the second gap. $UNH price action still [...]
Key moment for $ULTA and a potential bounce attempt. Best to wait for the bounce itself to unfold off the rising trend-line, instead of buying and assuming it will bounce. $CHPT testing declining trend-line and attempting to push through here. $AVGO candle looks like a blow-off top has emerged, and [...]
Realistically, where is $NVDA going to find new buyers at this level? Descending triangle pattern breaking to the downside on $BABA. Significant breakdown taking place on $TGT as it pushes below the lower channel band. $INTC breaking down through the triangle, and looking at a possible retest of support Bull [...]
Wedge breakout yesterday in $GM failed to hold today. A lot of these happening in stocks right now. Especially in the non FAANG plays $BBWI with not the most convincing breakout so far, but it is still managing to hold the support level. $SHOP bull flag pattern worth watching still [...]
$WYNN rolling over and breaking a key support level here. Watch declining resistance for potential push back on $MRNA $PLUG running hard into an area of resistance that make complicate the bounce off its lows. $PINS running into the underside of broken trend-line support. A break back above would put [...]
$CBRE cup and handle starting to break out above resistance - a little consolidation here would go a long ways before the next move higher. $GME 200-day moving average has been a headache the previous two attempts to break above, marking temporary highs. Will need to break and close above [...]
