Charts + Technical Analysis

$CRSP attempting to hold the declining trend-line following a massive sell-off today. Watch for a potential bounce here. $SOFI pushing through the declining channel to the upside. Little resistance until $9.15. $MS attempting to breakout of overhead resistance. Has already broke through the declining trend-line.

Roblox (RBLX) pullback to the rising trend-line could offer up a bounce opportunity for the stock. Darling Ingredients (Dar) breaking out of its base with room to run to $51 before encountering much resistance. Chewy (CHWY) Hard bounce off of support following a large gap lower this morning. Some support attempting to be found for

10 year yield is now testing a major long-term rising trend-line, after selling off almost two months $TNX Similar pattern continues to emerge on $PYPL, and each time it has resolved itself to lower prices here. Huge red flag if that trend-line breaks down again

Fiverr International (FVRR) declining trend-line getting retested on the pullback. Worth waiting first to see if it will bounce or not before trying to get long on it. Otherwise it may end up pulling back to the original breakout level. Snap (SNAP) finally pushing through long-term resistance. High risk for a head fake due to

$MARA on a gap higher like this, gotta take some profit off the table in order to reduce risk. 5-day moving average would be my key on the trade. A close or hard move below and I would exit the trade. This resistance has been strong against price when it comes to $SLV. Fourth straight

Crude Tanking! $CL_F $SYK testing resistance for a potential breakout here. Break higher would help to create new higher highs on the existing trend-line. $CPNG attempting to bounce off of key support. Declining resistance overhead and essentially in a narrowing range since mid'22. Still room for a meaningful bounce here. Below the support would negate

$RIVN downward channel bands remain in place. Potential for a base breakout within the channel though. Careful chasing $SNAP here at the upper end of this channel band. So far seeing some push back at resistance. Better to wait for consolidation and then a break through it. Extremely overbought here. $NVDA key support level breaking

$PLTR - major gap still left unfilled, and a pullback to one of the two support levels underneath would be the best opportunity to me. $XHB consolidation prior to the the break through resistance, sets up well for higher prices with tight risk management. $IWM two hard rejections off of the 200-day moving average Heavy

$TDOC Attempting to break through the 50-day moving average and short-term resistance. Key here is to watch how it is closing as it is fading fast. If it can hold the breakout level, it sets up nicely for tomorrow. Price on $SPY testing major resistance here. $GDX setting up for a test of the inverse

Continuation triangle in play on $WFG that it is currently testing a potential breakout here... some scant support underneath as well, just above $75 $CNP nearing an ascending triangle breakout here. Never worth front running these, and best to wait for the breakout to get long. $PWR bull flag for a potential continuation of