$F continues to hold the rising trend-line off of the March lows. Potential bounce candidate here. $NIO desperately attempting to hold major support. Close will be very important, and a hold should drastically increase the chances of a bounce from here. $QQQ declining resistance getting tested on QQQ here.
Nice bounce off of 3 nearby support levels so far for $NIO, but be mindful of $TSLA earnings today that could have a significant impact on the stock (for better or worse). $SPOT ascending triangle breakout level. Watch the 5-day moving average as type of trailing stop-loss. A close below [...]
Massive triangle $DOCU not to far from its all time lows. Formed a double bottom in the very short-term but that pattern is simply part of the much larger triangle. Pullback on $NIO could be targeting a retest of multiple breakout levels underneath. Watch to see if either provides a [...]
$NIO breaking through both layers of resistance today on strong volume. Either $UNH bounces at $455 as it has done for the past 1.5 years, or it confirms the triple top and breaks down. Either way the $455 level is what I'm watching on $UNH. $LYFT is breaking out in [...]
$BTC.X remains in the early stages of its breakout. Really nice base breakout that goes back over a year. $XLV (healthcare) struggling to hold Friday's breakout above the declining trend-line. Watch for a break above $133.04 to resume the uptrend. $NIO inverse head and shoulders pattern, with multiple layers of [...]
$NIO coming out of its basing pattern from the past month. […]
$NIO key long-term support getting a major test today. So important that it bounces right here. […]
$VIX breaking its downtrend ahead of the Powell speech. […]
$MSOS testing resistance on the spike higher. […]
Worth watching to see how $SLB responds to a test of its short-term trend-line. Can it bounce there? […]
$NIO testing critical support. If it can hold there is the potential for a triple bottom, but if it doesn’t, there’s little support underneath. […]
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 [...]
