Stock charts and technical analysis

Trading Notebook: $JPM $SLB $INGN

2024-01-30T15:26:05-05:00January 30, 2024|

Three recent hits up against resistance on $JPM to be watchful of. If it pulls back, a break below $172 would confirm a bearish wedge. . ON $SLB: 1. Inverse cup and handle nearing confirmation. 2. If support hold it could result in a triple bottom, but support is going [...]

Trading Notebook: $DENN $SNAP $SOFI

2024-01-29T14:52:29-05:00January 29, 2024|

$DENN is nearing a break of consolidation. However heavy resistance looms in the $11's. . $SNAP remains in a promising bull flag but with earnings 2/6 you may not have enough time to see it play out. Definitely one stock I would never hold through earnings as well. Watch upper [...]

Trading Notebook: $INTC $XLP $ZIP

2024-01-26T16:27:24-05:00January 26, 2024|

Not quite a double top in $INTC but similar price action to one. Confirmed post earnings, and unable to recapture broken support. . A lot of consolidation of late in staples $XLP - and possible that yesterday and today's strength could lead to an upside breakout. Good consolidation in $ZIP [...]

Trading Notebook: $TEAM $TSLA

2024-01-25T16:39:48-05:00January 25, 2024|

$TEAM has an ascending triangle attempting to breakout but the previous three days, have struggled to hold that level. Need to see it close above that level to confirm the pattern. . $TSLA breaking a major support level and the October '23 lows. Here's the sector returns so far with [...]

Trading Notebook: $MCD $DIS $DHI

2024-01-24T16:24:06-05:00January 24, 2024|

$MCD holding the breakout level above $299. Solid consolidation and potentially looking for another move higher. . $DIS not the best price action over the last two days, but could simply be consolidating here. Too early to know for sure, but certainly worth watching. Potential landing spot for $DHI at [...]

Trading Notebook: $PYPL $UAL $BTC.X

2024-01-23T16:26:49-05:00January 23, 2024|

$PYPL managed to hold the breakout level yesterday and then bounce off of it today. . Earnings gave $UAL a boost right back through the resistance that was holding it back. $BTC.X 3 support levels to watch as bitcoin has broken short-term support levels and now in a free fall [...]

Trading Notebook: $UAL $AMD $PYPL

2024-01-22T16:42:17-05:00January 22, 2024|

$UAL couldn't push through resistance, and instead resumed its current downtrend. Sets up well for a retest of the lower $30's. $AMD despite pulling back about 5% today, for me it's not worth playing until it retests its rising trend-line and holds. The ideal way for me to play $PYPL [...]

Trading Notebook: $PYPL $W $FDX

2024-01-19T16:04:38-05:00January 19, 2024|

$PYPL breaking through the neckline of the inverse head and shoulders, also recently broke through a long-term declining trend-line. This stock could be setting up for a gap fill in the $72's. Closed out this bounce play in $W today for a +12% profit. Nice to get some positive news [...]

Trading Notebook: $ASML $ARM $CFLT

2024-01-18T15:44:57-05:00January 18, 2024|

$ASML double bottom off of the 50-day moving average Solid bounce off of the rising trend-line for $ARM with follow through today. $CFLT a lot of bearishness on this chart from the old trend-line rejection in December, to the head and shoulders and the current downtrend pressing hard on any [...]

Trading Notebook: $COIN $RIOT $DIS

2024-01-17T16:43:14-05:00January 17, 2024|

Watch this major support level in $COIN going back to '22. Potential landing spot for the stock. Potential landing spot for $RIOT following the hard sell-off from $17, at the rising trend-line. So far for $DIS a nasty head-fake on the chart.

Trading Notebook: $DWAC $SPY $PYPL

2024-01-16T16:32:48-05:00January 16, 2024|

Looks like another pop & drop into resistance for $DWAC. Very dangerous trade to chase after here. $SPY bearish wedge trying to confirm. Essentially an inverse head and shoulders forming on $PYPL. Some potential support here today could come from the 50-day moving average as well.

Trading Notebook: $BTC.X $DAL $BIDU

2024-01-12T15:35:18-05:00January 12, 2024|

$BTC.X Bitcoin falling back below the breakout level here and failing to hold support. Double top formed in $DAL, just about to confirm. $BIDU breaking to the downside on this triangle pattern.

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