• $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

    By |Published On: August 30, 2023|1 min read|
  • $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.

    By |Published On: August 29, 2023|0 min read|
  • 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

    By |Published On: August 28, 2023|1 min read|
  • 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

    By |Published On: August 25, 2023|1 min read|
  • 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

    By |Published On: August 24, 2023|1 min read|
  • 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

    By |Published On: August 23, 2023|1 min read|
  • 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

    By |Published On: August 22, 2023|1 min read|
  • $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 -

    By |Published On: August 21, 2023|1 min read|
  • $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

    By |Published On: August 18, 2023|1 min read|
  • 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

    By |Published On: August 17, 2023|1 min read|