Wedge breakout yesterday in $GM failed to hold today. A lot of these happening in stocks right now. Especially in the non FAANG plays $BBWI with not the most convincing breakout so far, but it is still managing to hold the support level. $SHOP bull flag pattern worth watching still $TGLS breaking short-term support and
$WYNN rolling over and breaking a key support level here. Watch declining resistance for potential push back on $MRNA $PLUG running hard into an area of resistance that make complicate the bounce off its lows. $PINS running into the underside of broken trend-line support. A break back above would put it in the gap. Strong
$CBRE cup and handle starting to break out above resistance - a little consolidation here would go a long ways before the next move higher. $GME 200-day moving average has been a headache the previous two attempts to break above, marking temporary highs. Will need to break and close above it to change the narrative.
Descending channel remains intact for $DVN. A break above would signal a change in course. $SHLS with a nice push through declining resistance, but needs to breakout of consolidation to get bullish on it. $CRS attempting a bounce here off of short-term rising support. Should the bounce hold be mindful of resistance in the mid-$50's
$NVDA posting a 99 stochastics reading on a monthly chart is next level crazy.
$NKE attempting here to avoid confirming a double top pattern by trying to bounce off of price level support.
Bull flag for $KMB forming above major support.
$UNH testing a short-term rising trend-line currently in place on $UNH.
$XLK fighting a major resistance level that goes back for the past year. Â
Stocks like $TOP are pump and dumps, yet people still never learn. They still have to chase and then blame the boogeyman when it doesn’t work out. Bearish Â