Watch the $ORCL bullish wedge for a potential upside breakout. $NCLH potential bounce area for the stock following a sharp earnings sell-off today. Anybody want to address the elephant in the room? $TLT $AMD nearing a breakout of the bull flag pattern that has been forming since June. Pushing through the $117's into the 118's
$RTX post earnings reaction was extreme to the downside, but managed to hold a key support level from 2021 and bounce from there. $DHR attempting to breakout and push through declining resistance here. Key is for it to break and hold into the close. $ILF nearing a major, major break of a declining trend-line. Critical
As mentioned on Friday, $DWAC pumps are short-lived, and the same thing happened yet again as it has happened in the past. These pops in $AMC, like the one today, tend to be short lived. Broke through one resistance level, but quickly coming against another. $FRSH not there yet, but watch for a big run
$ROKU bull flag right around the breakout level. I prefer waiting until after earnings, before making a move this stock due to the heightened risk. $DWAC pumps have historically been short lived and I expect nothing different here. $DKNG bull flag worth watching. May see a breakout here $QQQ can stabilize and bounce. Bullish wedge
$AMD double top may not be done with price confirming a bear flag breakdown. $GD reports earnings on 7/26 so not worth trading before then, but certainly a nice cup and handle that is forming. $UAL pushing through some serious resistance here, going back to 2021. Move below $53, would nullify the trade. $CVNA headed
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 would be reason for me
I'm leery of these breakout attempts on $XLV, like the one seen today, as the last three have all resulted in head fakes. $DXY descending triangle confirmed to the downside. $JETS fighting for a second straight day to get back above broken trend-line resistance. $PRMW price bounce off the lower descending channel band, and following
Watch to see if $JETS can stabilize here and bounce off the rising trend-line. $SPLK Ascending triangle in play. Best if it can consolidate some right here, and then make a run for the breakout, in order to keep the risk tight. Overall, a very promising chart. Parabolic move on $COIN, potential for a shooting
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 bounce going forward. $PLUG pushing
$SKLZ with a nice gap fill so far today. Traders still hoping for another rally in $HKD. Trading is about consistently extracting profits from the stock market, not hoping for a lottery ticket in $HKD.