Careful with Luminar Technologies (LAZR) despite the monster rally today that places price right at declining resistance. Adobe (ADBE) on watch for whether it attempts to bounce off of support. Semiconductors ETF (SMH) looking like it may try pulling back to its rising trend-line. AMC Entertainment (AMC) headed towards a test of major resistance. A
$PINS finally breaking through some major resistance.
SPDR Gold Trust (GLD) triple bottom formed, and close to confirming, after breaking its downtrend. Take-Two Interactive Software (TTWO) confirming a head and shoulders pattern. Robinhood Markets (HOOD) testing major support following a massive sell-off today. Coinbase Global (COIN) sitting tepid level of support at best, declining resistance and short-term price level resistance
$PINS inverse head and shoulders pattern but needs to confirm, before I consider it as a long position.
Double top pattern emerging in $TSLA. Still needs to confirm.
Watch how $COIN holds up against a retest of the breakout/support level. Critical that it holds.
$COIN coming up on critical support that bulls need to pray holds.
$VIX seeing some price rejection at resistance. Interested in seeing if it can break through into the closing.
$COIN basing well over the last two months, and may finally be nearing a breakout.
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