$F Cup and handle formed, followed by the potential for a bull flag. Another couple of days of consolidation here could create a fantastic long setup. $VIX hard bounce off price level support, now testing declining resistance. $AMD breaking below its rising trend-line that goes back to January. Major technical development for this stock. $ADBE
Careful with $LAZR despite the monster rally today that places price right at declining resistance.
$ADBE rising trend-line is broken, and now price falls back into the Nov/Dec chop area, where price could really get churned up.
That massive sideways channel attempting to break with a push below support on $ARKK
$ROKU declining channel remains firmly intact despite today’s gains. Wait for a breakout of the channel before considering a long position.
$ARKK testing major support. I don’t have much faith in it holding.
$GM dealing with heavy resistance.
$ADBE hard selling, but a silver lining?
Affirm (AFRM) breaking through the head and shoulders neckline today. Nvidia (NVDA) pullback to its trend-line, $230's becomes the next trend-line if it breaks. Otherwise, watch for a bounce. Snowflake (SNOW) breaking its rising trend-line. Adobe (ADBE) huge double top in place, yet tor confirm, but testing the major support level.
The FOMO is undeniable – it is best seen every day in the final minutes of trading. The buyers suddenly go into hyper-ventilating mode, and the bulls run the table, out of fear they will miss out on another gap higher. I really don’t know how long this can go on for, I trade off