Charts + Technical Analysis

$BTC.X nearing a breakout through year-long resistance. $SOFI coming up on a key support level at the 38.2% retracement level that it will need to bounce from, otherwise, likely looking at a 50% retracement in the $7.30's. $PAYC rejected at the declining trend-line, now retesting support at the breakout. Watch to see if it can

$ACI nearing a break through resistance that hasn't been broken since last November. Huge gap that remains unfilled. Very overbought at this juncture, but still a promising chart to keep an eye on. Tough to play that breakout level on $LHX at $190 with that declining resistance in play still. $IBB pulling back and retesting

$ENVX inverse head and shoulders trying to hold the breakout into the close. $AMD with a potential retest of short-term support, that if broken, likely leads to a gap fill. $HOOD holding up well following its triple bottom breakout this week.

$RCL reaching major resistance following an epic 1.5 month rally. Caution warranted here. Textbook inverse head and shoulders pattern playing out on $WTAI. Hardly a hawkish pause by the Fed as Post FOMC $VIX rushes for the 13's again.

Recent indicators suggest that economic activity has continued to expand at a modest pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are likely to weigh on economic activity, hiring,

$AMD double top forming, and would confirm if it gets back into the gap. Still some ways to go before confirming, but worth keeping an eye on. Heavy layer of resistance for $AMC should it continue to push higher that has rejected price on four previous occasions. $XLB with a Decisive break of the declining

Tesla (TSLA) up 12 straight days and 17 of the last 19 days. During that time it is up 52% One of the most bizarre moves to see for a company of this size. Cigna (CI) double bottom nearing a breakout level, but may need to consolidate some in the short-term before putting together an

$SHOP with a notable bearish engulfing candle pattern following Monday & Tuesday's breakout of the bull flag - could be a signal this trade is reversing hard here. $MVIS - doesn't get much more parabolic than this. A few questions to ask about this stock: 1) How many times in the past 10 years, or

Despite being down 4 of the last 5 days, potential continuation triangle at absurd levels. $BA intraday sell-off essentially keeps the stock right in the middle of the sideways channel it has been stuck in since January. $COIN attempting to hold support going back January of this year. A break below, I'm looking for a

The Trade Desk (TTD) attempting to break out of a year-long sideways channel. Watch Starbucks (SBUX) as it tests the underside of its broken trend-line. I expect some push back and if it holds could set up for the next leg lower. Apple (AAPL) breakout to new all-time highs. Lululemon Athletica (LULU) sharp rejection