Charts + Technical Analysis

Tesla (TSLA) inverse head and shoulders most prominently seen on intraday charts and now trading in the gap from 1/25 Airbnb (ABNB) with solid short-term rising support underneath, but you want to pay close attention to the resistance above that it isn't part of a bearish wedge that is forming. History often rhymes Super Micro

Careful with Robinhood Markets (HOOD) right here as it is testing some significant resistance from 2022 with the upper channel band. Sherwin-Williams (SHW) attempting to push its way out of an ascending triangle. Significant support at the 50-day moving average. Coinbase Global (COIN) not a trade I would chase here, but certainly remains

$MA Continuation triangle in play here, and holding strong despite heavy market selling today. . $ALT Inverse cup and handle forming, and testing confirmation here. $JPM bearish wedge formed and testing rising support here. A break below $172.90 would confirm the bearish wedge here.

Two day pop out of $VIX following a test of rising support, but still range bound and doesn't mean much in terms of future direction. . $AI descending triangle breakout, following a non-stop, 25% move off the lows of the pattern, making it a difficult one to tightly manage the risk on. Double top on

False breakout on $T long-term recently, and difficult to get bullish on it while this multi-year downtrend persists. . $AMGN pullback looking to test support at $285, watch for whether it can base and bounce. Possible $GEO finds support at the rising trend-line, which still has room to fall before testing, but heavy volume pouring

$TNX nearing a breakout again, watch as it approaches the 4.2% area. . $MARA price action will be heavily dependent of Bitcoin price action going forward, but technically, MARA weekly has very little resistance until the low-$30's. $HAL so far holding the rising trend-line, but would prefer it make a higher-high first, before retesting.

Tesla (TSLA) broke declining trend-line, but also holding the rising trend-line off of recent lows. Room to run as high as $206. Break back below declining trend-line would spell trouble. Upper channel band on Palantir Technologies (PLTR) in play. Why I never swing trade earnings: Snap (SNAP)  

$CEG trading in a perfect channel since inception. Tested the upper band yesterday, but couldn't push through. More risk lower than reward higher here. . $ALB declining trend-line off of December highs, followed by a break in short-term support to new lows. If looking to short this, I think time is on your side to

Ideal entry on Viper Energy Partners (VNOM) would be a bounce off of its lower channel band. Palantir Technologies (PLTR) heavy fade back to the lower channel band. With earnings today, it becomes a high-risk trade to paly any bounce. Bear flag on Tesla (TSLA) confirming to the downside, with additional continuation today.

Energy $XLE has the potential to shine here if it can break out of this declining channel. Some much needed consolidation this week. . $XLB tight and well constructed bear flag in the materials sector and toying with a confirmation over the past couple of weeks. $ALB huge support going back to November, with bounces