Stock charts and technical analysis
$VIX Bears 11 times in a row continue to reject any movement above this threshold. Tight consolidation and continues to get rejected on the breakout attempts. Heavy resistance at the 200-day moving average as well. Strong potential for a downside break. $TNX Another jump in the 10-year yield sets up [...]
Massive rally in $GLD today pushing it above two separate resistance levels today. Watch as it tests the 200-day moving average now $VIX with a break back above major resistance. Key is to hold that level into the close. Rising resistance could prove important next week. A new layer of [...]
$GLD getting some push back here at the resistance from the broken descending triangle $XLE Watching for a pullback to the rising trend-line here. $IWM broke the rising trend-line today, and looking at another test of major price level support. Below that, watch for October '22 lows retest. $TPST Couldn't [...]
$TPST might be one of the biggest one-day pump and dumps I've ever seen. You can expect plenty of bag holders to come out of that as they pile into the stock at absurd levels. Earnings for $DAL tomorrow will make or break this test of the rising trend-line and [...]
$GME with multiple layers of resistance from the declining trend-line to the price level resistance. Good chance of a rejection here. Base breakout for $XLY today. $JOBY breaking the declining trend-line. Next target is $6.87 then $7.60
$FL breaking Sept highs, and attempting to fill the gap from August lows. Hard fade in $VIX today, with the lower-channel band getting tested again. A break to the downside would likely signify more upside for equities. $LMT declining resistance and price level resistance overhead to watch. If US gets [...]
$AAPL broke back above short-term resistance, just be aware, if you played the break that a short-term declining trend-line could come into play and reject price. Some really heavy call buying in $META today, with most expiring before November OPEX Broke below major support, but $CRM ultimately found some support [...]
$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 [...]
