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.
Intel (INTC) looks good here breaking through some long-term resistance, but on the daily chart it is quite overbought, and risk management is poor.
Crazy risk built into this trade (2.84 beta), but still an incredible bounce underway Applovin (APP).
Crude breaking out with a head and shoulders pattern in the long-term and at the highest levels since 2015.
After breaking through one layer of support, Kratos Defense (KTOS) might have lucked out and found another.
No secret it has been a rough time for Microsoft (MSFT), but could a potential bottom take place at a long-term trend-line?
Can't chase Intel (INTC) here, but if it pulled back an successfully, tested and held support, it certainly could be worth entertaining then.
A lot of overhead resistance on Tesla (TSLA) that doesn't make me want to play the bounce on.
Keep an eye at both support levels for a bounce in Royal Caribbean (RCL).