Alphabet (GOOGL) pullback to the bull flag breakout today. Will need to hold this or risk this being a failed breakout. Advanced Micro Devices (AMD) pulling back to its rising trend-line off the January lows, after failing to break out of the bull flag this morning. With today's fade off the highs of
Strong potential with Meta Platforms (META) and Alphabet (GOOGL) earnings out of the way, for a pullback to the rising trend-line on Communications Sector (XLC). Ideally, I'd like to see Healthcare Sector (XLV) spend a few more days inside of this bull flag before attempting to breakout. Worth watching this one. McDonalds (MCD)
Recursion Pharmaceuticals (RXRX) Perfect example of why you shouldn't FOMO into a trade at the open. Traders down more than 15% since the open. Risk/Reward can't be managed. Kinder Morgan (KMI) breaking out of a short-term ascending triangle but worth being mindful of declining resistance overhead and nearing $18. Ascending triangle in Amazon
China Large Cap ETF (FXI) broke its declining trend-line and then simultaneously tested its short-term rising trend-line and broken resistance. While both held, it hasn't been able to get much detachment from the trend-line. Poland ETF (EPOL) very similar to the US market in that it has been basing/trading sideways for the past 11 months.
Another breakout for $GOOGL looking really strong here against this tape today. Â
Multiple support levels on Airbnb (ABNB) breaking yesterday and today. Potential for a sub-100 move from here. Alphabet (GOOGL) breakout above resistance was a big one today. Anheuser-Busch (BUD) with bull flag pattern forming, following an impressive rally off the March lows. I'm watching for Charles Schwab (SCHW) to retest the rising trend-line for '12
$IWM bull flag breakout today. Â Â
$IWM bull flag breakout today. Â Â
2yr Yield continues to break higher and posed to challenge the 2022 highs. Â Â