Cup and handle breakout on $MNMD in play today. $SBUX long-term trend-line getting a test today. Nice ascending triangle in $TFC following the base breakout in December. Nearing a secondary breakout here.
$COIN finally starting to break out of the declining channel from mid-July. Very little resistance overhead from here to continue to the climb. Imagine getting stopped out on a random 7% drop mid-day for no reason at all on $ORCL. No news that I can find anywhere. $SBUX breaking below key support with little support
AMD earnings report is out! Here's a technical analysis breakdown for what to expect from the stock going forward. https://youtu.be/kaPQULlJkFM I've also provided a breakdown on the SBUX earnings as well... https://youtu.be/ZX9d39gkyQM
$TTD attempting to break out of a year-long sideways channel. Watch $SBUX as it tests the underside of its broken trend-line. I expect some push back and if it holds could set up for the next leg lower. $AAPL breakout to new all-time highs. $LULU sharp rejection at resistance and couldn't break out, and now
$XLE pullback to the rising trend-line from January ’22. Watch for a potential bounce there.
Watch this resistance on $SHOP that is being tested.
$SBUX head and shoulders pattern turned bull flag breakout. Impressive move today.
$SBUX with a really good rally today post earnings. Now looking to test the declining trend-line.
$AMGN double bottom and impressive action, but the breakout is well underway following the move above $220. Also in a very difficult sector and industry right now, and one of the few bright spots. Not enough though to interest me.
Swing Trading Strategy: Bears getting bullish… Lots of rumors of long-term bears suddenly turning bullish on this market now and wanting to buy stock. They are feeling bold, a little cocky, and want to stroke their ego by getting bullish ahead of everyone else. Like that annoying friend who double dips his chip in the