Trading Notebook: $XLE $SQSP $XLY $SBUX $FTNT

By Ryan Mallory| Published On: May 3, 2023| Categories: Charts + Technical Analysis|

$XLE pullback to the rising trend-line from January ’22. Watch for a potential bounce there.

Watch for a retest of the rising trend-line for $SQSP sqsp 03

Stiff declining resistance looms for $XLY

xly 03

Heavy sell-off in $SBUX today, worth waiting for a pullback to its rising trend-line before I’d consider a bounce play. sbux 03

$FTNT broke the rising trend-line as well as price level support.

ftnt 03

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