Even if we sell-off today, there's a lot of work to do on this chart before you can get overly bearish on it again.
The FOMO in Sandisk (SNDK) this month is greater than it has ever been. Watch out with earnings this week!
Tesla (TSLA) working on a wedge breakout here, but watch the 200-day moving average as a potential area of resistance.
Apple (AAPL) nearing a wedge breakout - but is there anything left in the tank for the Technology sector (XLK)?
Does it get any more bizarre for tech than now?
While far from confirming it, Alphabet (GOOGL), on the weekly chart has a double top in the works, if it can't make new all-time highs here.
The volume on today's and yesterday's barely noticeable sell-off is extremely light, and not something I'm taking serious at this point.
Good report, but Goldman Sachs (GS) took a hit for it at the open. Now traders are buying the dip off of breakout support.
Not an easy path forward for Microsoft (MSFT)Â at the moment. And the software industry still a problem!
Carmax (KMX)Â closing in on a descending triangle pattern breakout, but honestly, these don't tend to make for the best of setups.