Resistance on Amazon (AMZN) worth watching Previous two attempts to push through have failed. Teekay (TK) short-term bullish action with a bounce off of the rising trend-line and push through declining resistance Volatility Index (VIX) sitting at a major support level, where recent reversals in equities have taken place. Â
Two key support levels to watch on Nvidia (NVDA) if there's an earnings pullback. Lower channel band on SoFi Technologies (SOFI) getting tested again, without a test of the upper channel band. Watch out below if this level fails to hold. Considering the amount it has sold off during its downtrend, Conagra Brands
Be aware of the potential double top in Hess (HES). Rising trend-line underneath, but recent bounce didn't quite come close enough to making it a legit bounce off of it. US 10-year yield (TNX) breaking the rising trend-line intraday. Watch for how it performs into the close. Piedmont Lithium (PLL) forming a base
$MARA cup and handle pattern forming but still needs to push through and close above the 200-day moving average first. $PLTR attempting to break through a long-term resistance level as well as confirm a multi-year cup and handle pattern. Next stop would be upper-$20's. Since Tuesday, $QQQ has been all consolidation - going sideways since
Third day in a row for the 10 year yield (TNX) to test the rising trend-line. Tesla (TSLA) Analysis Alibaba Group (BABA) testing support following a massive earning sell-off. This is a key area to hold going forward. Ugly reversal following yesterday's developing basing pattern. Â
Watch for a potential breakout in Alibaba Group (BABA) above resistance Vertex Pharmaceuticals (VRTX) testing lower-trend-line. Best to wait for evidence of a bounce instead of assuming gone will take place. Â Â
$SMCI nearing a triangle breakout. $IWM declining trend-line getting tested here, with a massive gap underneath.
$META at the top end of the range and extremely overbought, attempting to break out of the channel. $MDT working on a potential base. A breakout would occur just underneath $74. Some resistance overhead to be aware of though, and earnings scheduled for 11/21.
$SOFI attempting to bounce off of declining support but still faces overhead resistance. $PLTR breaking out of a declining resistance $AIG may be forming a wedge pattern to play the breakout on, but resistance overhead remains a problem.
$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. $DIS currently sitting at heavy