$PXD managing to hold support with a decent bounce today.
The stock market may be trying to put in a stock market bottom following an epic stock market rally where stocks bounced and rallied hard. In this video, I provide my thoughts on the potential for a stock market bottom, following the epic stock market crash that started at the beginning of 2022.
$DWAC not improving – huge layers of resistance it will struggle to break.
Like $BAC I also see $JPM ultimately pulling back to the rising trend-line.
I think $KSS has much lower to
$SMH major resistance (broken support) being retested, but unable to break through as of yet.
The stock market crash of 2022 remains in full swing, with stocks dropping for the tenth week in the last eleven. Will the stock market crash take us even lower, despite last week's massive sell-off, or are we nearing a bottom in the stock market that allows us to start buying undervalued stocks? In this
$VLO potential retest of the rising trend-line to watch for.
$XLK struggling to reclaim broken support.
DWAC stock crashed and finished down over 28%. Is this the time to buy or sell shares of Digital World Acquisition? Will DWAC stock go back up, or time to take the loss? I provide my technical analysis for DWAC and where I think it heads from here.
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