Charts + Technical Analysis

$XPO possible that there's another breakout here, but after a trucking company runs 50% higher in the past month, not sure this is where I would want to be chasing a stock at. And already showing signs of struggling to sustain the breakout recently. . Major break in resistance on Friday for $GLD with continuation

$QQQ 30 min chart will zero chill in it. . Another breakout attempt unfolding on $IWM today. A solid push through resistance so far. If $JETS breaks out of the continuation triangle, then it has to immediately contend with long-term declining resistance. A no-go for me. Heavy resistance getting tested on $ABNB. Remains inside of

$VIRT broke out of the base and through the declining trend-line. . $IWM gapped above resistance today, and has since pulled back for a retest. Watching here to see whether that level holds, or if it starts to fade and close the gap from this morning. Bull flag in $WYNN attempting to breakout. Rising trend-line

$SHOP trading inside a megaphone, but very little else to comment on, not even crazy about what could be a bullish wedge that is forming. Chart is a complete mess, and half expect it to move back to $71 to test support. . $XLV pulling back to the rising trend-line from the October lows. Potential

$BABA inverse head and shoulders yet to confirm, and heavy declining resistance above. Previous bases similar to the current one never quite materialized with a breakout - something to keep in mind. . Keep an eye on this bearish inverse cup & handle pattern on $PDD. Not confirmed yet, but a break below $120 would

$IBB broke out of the bull flag but running into some resistance that goes back to 2022. Watch for whether it can breakout here, or pulls back as a result of a failed break. . $IBIT bull flag breakout here, representing a continuation of the current trend-line off of the January lows.

$FHI bouncing off of the lower channel band, but short-term declining resistance needs to see a break before considering a long position. . $VSCO bull flag pattern nearing a breakout to the upside. A break below declining support would invalidate the setup. $SMH has a complicated history with bollinger bands and here the reward gets

$TSLA pullback and bounce off of the base breakout level. . $ABNB wedge pattern formed that could provide some short-term resistance for ABNB, which trades inside of a much bigger channel pattern. $DG pulling back to breakout support. So far holding it. Will need a hard bounce here to keep the setup alive.

$PANW - Another great reason for why I don't hold swing trades through earnings. Only remote level of support is this possible long-term trend-line. . $AAPL managed to hold the trend-line into the close yesterday, and now attempting to bounce off of it today. Possible it sees some push back from the 200-day MA

$MA pulling back here to the rising trend-line. Watch for whether it can hold & bounce. . $GOOGL buying the dip off the rising trend-line today. $AAPL breaking below its rising trend-line from January '23.