Charts + Technical Analysis

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 getting tested on $FNGR following

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, but yet to breakout. A

$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 with major resistance above and

Multiple support levels to watch following the hard fade in AdvisorShares Pure US Cannabis ETF (MSOS). Notable support at $6.75, followed by $6.20. Johnson & Johnson (JNJ) testing the rising trend-line and attempting to bounce intraday. If broken, and moves below $157, I want nothing to do with it. Bear flag in AMC Entertainment (AMC)

Beautiful breakout in Chevron (CVX) today, and through resistance and the 200-day moving average. Zoom Communications (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

Advanced Micro Devices (AMD) breaking out of the declining channel. Incredible strength despite a difficult tape today. The play for Baker Hughes (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. Celanese (CE) resistance getting tested as price

$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 direction for the stock. $PYPL

$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 for potential resistance at the

$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.

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