Charts + Technical Analysis

$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

$VIX still has this massive base from November ongoing. Two attempts to breakout of it has been quickly crushed. But potentially setting up for another attempt here. . Bull flag breakout on $CDNS but the history with the upper channel band is a concern, considering the # of false breakouts that have occurred.

AT&T (T) breaking through heavy resistance from the past 9 months. Worst trading day in almost 4 years, Aflac (AFL) though could be looking to stabilize at price level support and its long-term trend-line. Just like before, Financial Sector (XLF) couldn't sustain a move outside the upper channel band. Rising trend-line off of

FOMC Statement Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have moderated since early last year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated.

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 to need to hold, and

$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 channel band for resistance on

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

Atlassian (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. Tesla (TSLA) breaking a major support level and the October '23 lows. Here's the sector returns so far with S&P 500