Multiple support levels to watch following the hard fade in AdvisorShares Pure US Cannabis ETF (MSOS). Notable support at $6.75, followed by $6.20.

AdvisorShares Pure US Cannabis ETF (MSOS)

Johnson & Johnson (JNJ) testing the rising trend-line and attempting to bounce intraday. If broken, and moves below $157, I want nothing to do with it.

Johnson & Johnson (JNJ

patterns to profits training course

Bear flag in AMC Entertainment (AMC) confirmed in dramatic fashion with a 34% sell-off today. Down over 80% in less than a month.

AMC Theatres (AMC) chart

Possible support level to watch on Nasdaq 100 (QQQ) currently being tested. Not sure if there is a lot of buying power there, but worth watching for now as price sits on it.

Nasdaq 100 chart

Watch for hourly support to kick in around $182 level for Apple (AAPL), where multiple layers of support converge.

Apple (AAPL) chart

join the swing trading splash zone

 

You Might Like

  • Fading the Gap: How Large Overnight Moves in SPY and QQQ Play Out During the Trading Day

  • How to Trade a Bear Flag

  • Technical Analysis vs Market Conditions: How to Know What’s Affecting Your Trades