$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
$FÂ 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
International Business Machines (IBM) is probably one of the most boring stocks of the last decade, but is currently nearing a potential breakout of a multi-year basing pattern formed on the weekly chart. Advanced Auto Parts (AAP) nearing a test of its long-term declining level of support. This is a textbook case of why catching
Alphabet (GOOGL) pullback to the bull flag breakout today. Will need to hold this or risk this being a failed breakout. Advanced Micro Devices (AMD) pulling back to its rising trend-line off the January lows, after failing to break out of the bull flag this morning. With today's fade off the highs of
Coinbase Global (COIN) finally starting to break out of the declining channel from mid-July. Very little resistance overhead from here to continue to the climb. Imagine getting stopped out on a random 7% drop mid-day for no reason at all on Oracle (ORCL). No news that I can find anywhere. Starbucks (SBUX) breaking
Nvidia (NVDA) earnings could change this with their earnings tomorrow, but so far, the Semiconductors ETF (SMH) dead cat bounce running out of steam at short-term resistance formed by the double top. TMST attempting to confirm the bear flag today, but support underneath could stabilize the stock. I didn't notice this Baidu (BIDU) support level
$TNX pushing above October '22 highs and breaking through some heavy resistance. $AMC rejection at resistance was the clue to get out. Now it is breaking major support going back to '22. Retested it on Friday and failed. For those that think $AMC is rigged, then why are you even trading it? Simple logic -
$IBB bouncing off of the rising trend-line from October '22. You'll still want to be mindful of overhead resistance. $CVS for a second straight day testing key support that if broken goes back down to 2019 & 2020 prices. $VIX running into heavy resistance at the 200-day moving average. $TNX 10 year yields showing rejection
Bitcoin $BTC.X crashing & breaking the rising trend-line off of the January lows. $LNG Rising parallel channel, with a hard bounce off the lower channel band. Looking for a move back to the upper channel band from here. Pullback to the rising trend-line in place seems to be the most logical area to target a