TripAdvisor (TRIP) testing some major resistance, I'm watching to see whether or not it can break through this time. Herc (HRI) looks great, but the 50-day moving average could see a price rejection. Applied Materials (AMAT) testing resistance but seeing some pushback. Builders FirstSource (BLDR) with a potential head and shoulders pattern that
$DWAC testing some heavy resistance here.
$MS breaking through some serious resistance today.
$DWAC attempting to attract another round of future bagholders today.
$COP breakout well underway. Just chasing if you start a position at this level.
$SHOP continues to get routed, could see a test of the 1000’s before finding support.
Healthcare looks like there’s more room to the downside.
Watch for a potential breakout on the 10-year yield (TNX) in the beginning of the year. Don't be surprised if Invesco US Dollar (UUP) tests its major trend-line in the first 1-2 months of 2023. Declining resistance getting tested on Fiverr International (FVRR) General Motors (GM) trying to hold that rising trend-line off
$PZZA solid trend-line, trying to break through some resistance to new all-time highs.
$BBIO – people are trying to jump right back in after an epic sell-off. As if the headline risk isn’t enough reason to stay away.