$DVN up against declining resistance.
Rising channel in place to trade from on $GMED. A break below would be bearish.
Solid bounce for $COST off key support. A break below would be reason to ditch the trade.
Keep an eye on $FSLR and this developing head and shoulders pattern. Not confirmed, but getting close.
Multi-year support level on $AMZN getting tested here.
$WFC breaking below a critical rising trend-line.
That massive sideways channel attempting to break with a push below support on ARK Innovation (ARKK) Rising channel in the short-term saw a huge break today for Netflix (NFLX). Adobe Systems (ADBE) nearing a triple top confirmation. Major breakdown of support here for Roblox (RBLX). Â
Watch for a potential cross -section of support for Applied Materials (AMAT) to bounce off of here. Nice cross-section of support for Garmin (GRMN) if it can bounce off of it in the coming days. Moderna (MRNA) finally pushing through major resistance. Walt Disney (DIS) with five straight days of gains, but even
Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.
$PINS finally breaking through some major resistance.