Big break this week for Amazon (AMZN) weekly chart. Needs to hold this level into the close tomorrow. Netflix (NFLX) support levels to watch. Very little reason for me to want to play this bounce so far. No basing taking place, and support has yet to hold. Carvana (CVNA) inverse head and shoulders going back
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 here. Broke out yesterday, but
Apple saw the stock price sell-off following its big product launch, but where does one buy AAPL stock at? What are the key levels to buy AAPL at? In this video, I will provide you with my Apple stock analysis, as well as where you should buy AAPL at.
$URA rallies continues, best entry is to wait for a pullback to the rising trend-line, managing it as a current trade, I would be using the 10-day MA and a break below for taking profits. Could play the $V triangle breakout but some stiff overhead resistance nearby limiting the R/R for the setup. $ORCL starting
Double top confirmation with the recall news on $RTX. Possible support at $75. $TSLA broke out of the triangle pattern with a massive gap higher, but be mindful of the heavy resistance lurking overhead, that doesn't make this trade an ideal reward/risk following the massive run higher today. Long-term resistance getting tested on $FNGR following
Watch this consolidation in $TSLA just below the 50-day moving average. A break above the triangle and moving average could jump start the next move higher. T2108 Update Break this key support level and $GME starts to look more like the next $AMC $GPOR with a developing bull flag pattern, but yet to breakout. A
$IDXX testing a key support level here. If borken may not see support until 445-453 area. Two ways to play $RYAN - 1) wait for the pullback to major support and play the bounce, or 2) play the bull flag break out. Potential destination for $DIS stock long-term. $NVAX struggling with major resistance above and
Multiple support levels to watch following the hard fade in AdvisorShares Pure US Cannabis ETF (MSOS). Notable support at $6.75, followed by $6.20. Johnson & Johnson (JNJ) testing the rising trend-line and attempting to bounce intraday. If broken, and moves below $157, I want nothing to do with it. Bear flag in AMC Entertainment (AMC)
Cannabis stocks and ETFs are having some of their best gains in years, and traders are piling into them on huge volume. I provide analysis using my swing trading and technical analysis strategies. These stocks include Tilray (TLRY), Canopy Growth (CGC), Cannabis ETF (MSOS), Alternative Harvest ETF (MJ).
Beautiful breakout in Chevron (CVX) today, and through resistance and the 200-day moving average. Zoom Communications (ZM) getting excited about what another variant might mean for the stock. Breaking through resistance today, but I don't have a lot of confidence in this moving lasting. Watch for converging support levels to come into play