Little in the way of support for Affirm (AFRM) on the weekly until it comes back down to where it originally broke out at (27.50), which is also in line with the 200-day MA on the daily. Compelling bounce play here in Apple (AAPL) if it weren't for the declining resistance just above. Better to
Penn National Gaming (PENN) has struggled to hold the breakout above resistance and is once again attempting to change that theory with another breakout attempt. Amazing breakout for Affirm (AFRM), but currently running into some long-term resistance that hasn't been tested in a while. Not sure whether it will reject price or not, but if
Himax Technologies (HMAX) hourly chart not too shabby. Held up well today relative to the rest of the market. Astra Space (ASTR) gotta get your rocket out of the garage SoFi Technologies (SOFI) remains under a ton of resistance that it simply can't seem to push through. Affirm (AFRM) cup and handle pattern
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. Â
Each night I provide a recap of the charts and technical analysis of some of the most intiruging market development. Call it "cleaning out of the notebook" per se. Here you will get a hodge-podge of analysis on different stocks, sectors, ETFs, and market indices. Some of them, may have been requests from members of