$DWAC attempting to attract another round of future bagholders today.
$COP breakout well underway. Just chasing if you start a position at this level.
$SHOP continues to get routed, could see a test of the 1000’s before finding support.
Healthcare looks like there’s more room to the downside.
Agco (AGCO) with a double bottom and nearing a break of the declining trend-line. Exxon Mobile (XOM) breaking a major declining resistance level. Trinity Industries (TRN) finally able to get through resistance. Railroad stocks are doing well and making a big move as a whole. Names to consider: Union Pacific (UNP), CSX (CSX)
Watch for a potential breakout on the 10-year yield (TNX) in the beginning of the year. Don't be surprised if Invesco US Dollar (UUP) tests its major trend-line in the first 1-2 months of 2023. Declining resistance getting tested on Fiverr International (FVRR) General Motors (GM) trying to hold that rising trend-line off
$PZZA solid trend-line, trying to break through some resistance to new all-time highs.
$BBIO – people are trying to jump right back in after an epic sell-off. As if the headline risk isn’t enough reason to stay away.
$TTWO very impressive and continues to march to the beat of its own drummer.
Discretionary as a whole, looking very vulnerable on the daily and weekly charts. Close to breaking major support here. $XLY