Stock charts and technical analysis
$AKAM gapped above the inverse head and shoulders neckline, but I think it's better to wait for a pullback to the neckline before considering a new long position at this point. $UNG held the breakout level into the close. Worth watching going forward. Serious puking underway on $SPY ahead of [...]
$DOW continuing to hold support going back to April. Could see a bounce here. 4th day in a row where there's been a big fight to keep $VIX under that 17.10 area. Today's candle not looking that great either, despite the 8% in gains so far. Needs a strong finish [...]
$PLTR Rising trend-line off of May lows tested and held so far today. Attempting to bounce from here. $VIX pulling back some today, but still hovering just below a significant base breakout level here. $MRNA was a one trick pony, and not one worth ever buying the dip on. Now [...]
$AAPL in one week has wiped out over 6 weeks in gains, and could be headed for a much bigger pullback to long-term support. Heavy resistance seeing a break today. Strong volume of late as well for $MOS $AMZN coming up on major long-term resistance. $VIX continuing the pattern of [...]
AMZN earnings was a huge beat! Here's my technical analysis breakdown for what to expect from the stock going forward. AAPL earning wasn't well received by Wall Street and the stock sold off!
Another day of selling in $SHOP could create a really good bounce opportunity off of the rising trend-line. Bull flag in $GS looks sharp, but a very problematic declining trend-line just above the breakout level. Bull flag developing in $ABBV - resistance overhead currently sitting at $161. Nice trade setup [...]
$EA breaking below key support and, so far, failing to bounce. Worth staying away from, for now while it searches out a new bottom. $MSFT possibly putting in a significant topping pattern and breaking below key support here. $VIX break in the declining trend-line, and a break over 17 would [...]
AMD earnings report is out! Here's a technical analysis breakdown for what to expect from the stock going forward. https://youtu.be/kaPQULlJkFM I've also provided a breakdown on the SBUX earnings as well... https://youtu.be/ZX9d39gkyQM
Watch the $ORCL bullish wedge for a potential upside breakout. $NCLH potential bounce area for the stock following a sharp earnings sell-off today. Anybody want to address the elephant in the room? $TLT $AMD nearing a breakout of the bull flag pattern that has been forming since June. Pushing through [...]
$USO spiking and pushing through major resistance today. $TUP traders chasing the pipe dream into heavy resistance. May be the top on this one. Highlighted the dangers of these in my podcast this weekend. Keep a close eye on this support level for $MSFT. If it breaks that could result [...]
$VZ price level resistance pushing back on the bounce that started two weeks ago. Even if it pushes through that, there is strong declining resistance that has to be dealt with. $CMG dropped hard after earnings and starting to fill the gap. Potential support levels below to watch for price [...]
$SPOT pullback could see a bounce off of this major price level. $HOOD false breakout yesterday of the bull flag, giving it another shot today. $OKTA neckline of the inverse head and shoulders pattern. Just starting to breakout, but also needs to clear the 50-day moving average as it has [...]
