Another day of selling in $SHOP could create a really good bounce opportunity off of the rising trend-line. Bull flag in $GS looks sharp, but a very problematic declining trend-line just above the breakout level. Bull flag developing in $ABBV - resistance overhead currently sitting at $161. Nice trade setup here. $PYPL Currently sitting at
$XLK fighting a major resistance level that goes back for the past year. Â
Lack of a breakout for $PYPL creating a headache for the chart as it is now forming a bearish wedge. Â Â
$PYPL confirming the short-term inverse head and shoulders pattern as well as breaking above the declining trend-line today. Â Â
PayPal (PYPL) attempting to bounce off the November lows, but overhead resistance will be very difficult to break through. Applied Materials (AMAT) Watch the triangle pattern here for a potential breakout as it attempts to bounce off of the rising trend-line. Bear flag confirmed on Western Digital (WDC) Utilities (XLU) solid uptrend remains
$MSOS testing resistance on the spike higher.
$COST holding on to the rising trend-line here. Watch for a potential bounce.
$PYPL breaking out of its base and through resistance.
Quite the reversal for $SPY $SPX today.
Anyone still investing in $SPOT is in the red after it broke support and hit new all-time lows. Breaks my heart to see it happen.