Trying to hold its rising trend-line but struggling on the weekly chart to sustain the bounce. Watch that 200-week MA as well.
Nice hold at support for the Nasdaq 100 (QQQ) at key trade support.
Possible double bottom on Kratos Defense (KTOS) that could be forming but you need to see a strong bounce through resistance to get long.
Best to wait for the falling knife to stop falling on Charles Schwab (SCHW), before attempting to play a bounce.
Lockheed Martin (LMT) is breaking out here, but I'm not overly crazy about the lack of volume on the move, putting it in question.
Be careful of this potential fool's gold with Fortinet (FTNT). It trades in a highly problematic industry right now, that has yet to show signs of bottoming.
SoFi Technologies (SOFI) sporting a bear flag over the past few days with the potential for another move lower here.
Head and shoulders was scrapped with the bounce off of its 200-day moving average on Broadcom (AVGO)
Really nice bull flag there on Alcoa (AA) and starting to break out, but the risk side of the trade remains a problem.