$ALB weekly has a broken long-term trend-line that is now acting as resistance. Potential leg lower here. Â Â
$RIVN still trying to hold major declining support. Â Â
Salesforce (CRM) sneaking into the gap for the attempted fill. Heavy resistance starting to mount for Apple (AAPL). CBOE 10 year Treasury Yield Index (TNX) attempting to hold support at its breakout level. Advanced Micro Devices (AMD) breaking out above short-term declining resistance. Snap (SNAP) heading towards a major layer of resistance around $12.50. Loving
Bed Bath & Beyond (BBBY) down 67% since the highs of Monday. Significant week for CBOE Market Volatility Index (VIX) as it was finally about to breakout of the downtrend. US 10 year treasury yield (TNX) breaking out of its declining trend-line from October highs. Alibaba Group (BABA) breaking that rising trend-line. Apple
$DBGI rally likely to face headwinds at declining resistance.
$SHOP breaking out of the base today. Strong runner.
$XLE running hard today, but keep an eye on this potential topping pattern forming. A break below support, could see some heavy profit taking.
$AAPL continues to struggle with the declining trend-line this week.
It's a big week of earnings for the stock market including earnings reports from the major big tech stocks. I provide analysis for the following stocks: Apple (AAPL), Microsoft (MSFT), Google (GOOGL), Meta (META) and Amazon (AMZN).
Bull Flag Pattern in $CMG forming again.