Stock charts and technical analysis

Trading Notebook: $SLB $ROST $SOFI

2023-09-13T15:10:43-04:00September 13, 2023|

Watch $SLB as it pulls back. If energy continues the weakness today and in the days ahead, a bounce opportunity off of support could emerge. As $ROST pulls back watch for whether it can hold this rising trend-line and ultimately bounce higher. $SOFI working on a cup and handle pattern [...]

Trading Notebook: $URA $V $ORCL

2023-09-13T15:06:12-04:00September 12, 2023|

$URA rallies continues, best entry is to wait for a pullback to the rising trend-line, managing it as a current trade, I would be using the 10-day MA and a break below for taking profits. Could play the $V triangle breakout but some stiff overhead resistance nearby limiting the R/R [...]

Trading Notebook: $RTX $TSLA $FNGR $RIVN $F

2023-09-11T15:19:30-04:00September 11, 2023|

Double top confirmation with the recall news on $RTX. Possible support at $75. $TSLA broke out of the triangle pattern with a massive gap higher, but be mindful of the heavy resistance lurking overhead, that doesn't make this trade an ideal reward/risk following the massive run higher today. Long-term resistance [...]

Trading Notebook: $TSLA $GME $GPOR

2023-09-08T15:08:11-04:00September 8, 2023|

Watch this consolidation in $TSLA just below the 50-day moving average. A break above the triangle and moving average could jump start the next move higher. T2108 Update Break this key support level and $GME starts to look more like the next $AMC $GPOR with a developing bull flag pattern, [...]

Trading Notebook: $IDXX $RYAN $DIS $NVAX $GS

2023-09-07T16:36:17-04:00September 7, 2023|

$IDXX testing a key support level here. If borken may not see support until 445-453 area. Two ways to play $RYAN - 1) wait for the pullback to major support and play the bounce, or 2) play the bull flag break out. Potential destination for $DIS stock long-term. $NVAX struggling [...]

Trading Notebook: $MSOS $JNJ $AMC $QQQ $AAPL

2023-09-06T17:54:30-04:00September 6, 2023|

Multiple support levels to watch following the hard fade in $MSOS. Notable support at $6.75, followed by $6.20. $JNJ testing the rising trend-line and attempting to bounce intraday. If broken, and moves below $157, I want nothign to do with it. Bear flag in $AMC confirmed in dramatic fashion with [...]

Trading Notebook: $CVX $ZM $MANU $ZS

2023-09-05T15:33:11-04:00September 5, 2023|

Beautiful breakout in $CVX today, and through resistance and the 200-day moving average. $ZM getting excited about what another variant might mean for the stock. Breaking through resistance today, but I don't have a lot of confidence in this moving lasting. Watch for converging support levels to come into play [...]

Trading Notebook: $AMD $BKR $CE $AVGO

2023-09-01T15:05:11-04:00September 1, 2023|

$AMD breaking out of the declining channel. Incredible strength despite a difficult tape today. The play for $BKR is playing the bounce off of the rising trend-line. Gapping today above breakout resistance, watch for a pullback to the breakout to try getting long. $CE resistance getting tested as price is [...]

Trading Notebook: $WING $VIX $EOG $PYPL

2023-08-31T15:32:58-04:00August 31, 2023|

$WING testing key support, and on the verge of a breakdown that has the potential for a move to the $130's. $VIX back to testing a major support level. Break it and the 11-12's are within reach. $EOG triangle forming - worth waiting for the breakout to help determine future [...]

Trading Notebook: $ZTS $XLU $HXL $CVNA

2023-08-30T17:03:31-04:00August 30, 2023|

$ZTS with a nice run from $180, may be starting to run into some resistance that goes back to early '22. $HXL nearing some short-term rising resistance & overbought. Price is closing in on a bear flag confirmation. $XLU $CVNA breakout of declining resistance off of June highs, but watch [...]

Trading Notebook: $F $NIO $QQQ

2023-08-29T16:26:43-04:00August 29, 2023|

$F continues to hold the rising trend-line off of the March lows. Potential bounce candidate here. $NIO desperately attempting to hold major support. Close will be very important, and a hold should drastically increase the chances of a bounce from here. $QQQ declining resistance getting tested on QQQ here.

Trading Notebook: $CRWD $AMD $XLY $MCD $BOIL

2023-08-28T15:24:24-04:00August 28, 2023|

$CRWD sideways trading for the past 3 months, and forming a topping pattern on the verge of a breakdown here at support. $AMD clinging to the trend-line, but getting very little bounce/separation so far. Discretionary/Retail is a key sector $XLY to be watching here. Trying to hold that rising trend-line [...]

Go to Top