Stock charts and technical analysis
Bitcoin $BTC.X crashing & breaking the rising trend-line off of the January lows. $LNG Rising parallel channel, with a hard bounce off the lower channel band. Looking for a move back to the upper channel band from here. Pullback to the rising trend-line in place seems to be the most [...]
Major support breaking today on $TSLA. Now the next level of support comes in at the rising trend-line around 207-210 area. $GLD inverse cup and handle pattern nearing confirmation. $TNX 10 year yield October highs on tap. Rates continue to rise significantly. $LULU price action still struggling with overhead resistance. [...]
$F rising trend-line off of the July '22 lows could see a test and bounce. Patience is key here. $SPCE breaking below key support to new all-time lows. $TGT with a continuation triangle break to the downside. $DBI not quite there yet, and definitely having some struggles today, but worth [...]
Michael Burry bought $CHTR and as you can see it is breaking out of a long-term basing pattern that goes back to last year. This one could have some legs to it. $VIX still can't break above resistance. Volatility shorts continue crushing the index with every bounce. Strong bounce so [...]
I'm watching to see if $AMD pulls back to the rising trend-line from the Nanuary lows. If that Holds it could create a nice bounce opportunity. $NFLX attempting to finish off this head and shoulders topping pattern. Watch for $SOFI to retest year long support. If it can hold this [...]
Strong post earnings run, but struggling to push through resistance. Needs to break through to jump start the next leg higher. Major support for $XLU still holding but a push below $64 support could spell trouble for the utilities sector. Big move out of $YETI today gapping above major resistance, [...]
$AKAM gapped above the inverse head and shoulders neckline, but I think it's better to wait for a pullback to the neckline before considering a new long position at this point. $UNG held the breakout level into the close. Worth watching going forward. Serious puking underway on $SPY ahead of [...]
$DOW continuing to hold support going back to April. Could see a bounce here. 4th day in a row where there's been a big fight to keep $VIX under that 17.10 area. Today's candle not looking that great either, despite the 8% in gains so far. Needs a strong finish [...]
$PLTR Rising trend-line off of May lows tested and held so far today. Attempting to bounce from here. $VIX pulling back some today, but still hovering just below a significant base breakout level here. $MRNA was a one trick pony, and not one worth ever buying the dip on. Now [...]
$AAPL in one week has wiped out over 6 weeks in gains, and could be headed for a much bigger pullback to long-term support. Heavy resistance seeing a break today. Strong volume of late as well for $MOS $AMZN coming up on major long-term resistance. $VIX continuing the pattern of [...]
AMZN earnings was a huge beat! Here's my technical analysis breakdown for what to expect from the stock going forward. AAPL earning wasn't well received by Wall Street and the stock sold off!
Another day of selling in $SHOP could create a really good bounce opportunity off of the rising trend-line. Bull flag in $GS looks sharp, but a very problematic declining trend-line just above the breakout level. Bull flag developing in $ABBV - resistance overhead currently sitting at $161. Nice trade setup [...]
