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Trading Notebook: $SQ $KO $FOX $TGT $XOM $LKNCY
By
Ryan Mallory
|
April 24, 2023
|
Categories:
Charts + Technical Analysis
|
$SQ
looks like it is using the rising trend-line here as its support level, but even if it bounces, there is some short-term resistance in play.
$KO
unable to hold the break of resistance post earnings, falling back underneath it.
$FOX
with a break of its rising trend-line from the November lows due to departure of Tucker Carlson.
$TGT
stuck in sideways trading action going back to May of last year. Even if it breaks declining resistance, not much upside.
Box breakout of
$XOM
, but careful, as energy sector is looking prime for a roll over, and overall market weakness starting to creep in.
$LKNCY
pullback continues – watching for a retest of the rising trend-line before an attempt at a legit bounce attempt.
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