Two key support levels to watch on $NVDA if there's an earnings pullback. Lower channel band on $SOFI getting tested again, without a test of the upper channel band. Watch out below if this level fails to hold. Considering the amount it has sold off during its downtrend, $CAG hasn't [...]
$SOFI attempting to bounce off of declining support but still faces overhead resistance. $PLTR breaking out of a declining resistance $AIG may be forming a wedge pattern to play the breakout on, but resistance overhead remains a problem.
Despite a double beat, $SOFI was unable to push through declining resistance. $VIX giving up a lot of its gains from the past three days. A break back below support could signal a dead-cat bounce for equities underway. Two developments in $RIVN today: 1) Broke its rising trend-line off of [...]
$SOFI Possible bullish wedge trying to form, but with price testing support, could be setting up for the next leg lower, which has very little support until sub-$5 Big move here out of $VIX today. May be setting up for another move up to 30. Holding support and bouncing this [...]
$TNX pushing through resistance here. Significant resistance breach, and about to hit 5%. $SOFI Price breaking back below major support levels. A significant market sell-off could take SOFI back below $5. Triangle pattern in $XLV nearing a break to the downside. Bounce play if it can hold, but with limited [...]
$TGT continues with another leg lower with very little support underneath. Possible that this stock continues to drop until it tests $95. $SOFI confirming that head and shoulders, with little support underneath. Next level is $6.50 followed by $5.25. $RCMT testing key resistance. A push above would create a breakout [...]
Watch $SLB as it pulls back. If energy continues the weakness today and in the days ahead, a bounce opportunity off of support could emerge. As $ROST pulls back watch for whether it can hold this rising trend-line and ultimately bounce higher. $SOFI working on a cup and handle pattern [...]
I'm watching to see if $AMD pulls back to the rising trend-line from the Nanuary lows. If that Holds it could create a nice bounce opportunity. $NFLX attempting to finish off this head and shoulders topping pattern. Watch for $SOFI to retest year long support. If it can hold this [...]
$BTC.X nearing a breakout through year-long resistance. $SOFI coming up on a key support level at the 38.2% retracement level that it will need to bounce from, otherwise, likely looking at a 50% retracement in the $7.30's. $PAYC rejected at the declining trend-line, now retesting support at the breakout. Watch [...]
$SOFI breaking the trend-line off of its lows. […]
Watch for an eventual test of support at $155 for $UPS, creating a huge head and shoulders pattern in the process. […]
$ALB weekly has a broken long-term trend-line that is now acting as resistance. Potential leg lower here. […]
