Palantir Technologies (PLTR) Rising trend-line off of May lows tested and held so far today. Attempting to bounce from here. CBOE Market Volatility Index (VIX) pulling back some today, but still hovering just below a significant base breakout level here. Moderna (MRNA) was a one trick pony, and not one worth ever buying
Apple (AAPL) in one week has wiped out over 6 weeks in gains, and could be headed for a much bigger pullback to long-term support. Heavy resistance seeing a break today. Strong volume of late as well for The Mosaic Company (MOS) Amazon (AMZN) coming up on major long-term resistance. Volatility Index (VIX) continuing the
Electronic Arts (EA) breaking below key support and, so far, failing to bounce. Worth staying away from, for now while it searches out a new bottom. Microsoft (MSFT) possibly putting in a significant topping pattern and breaking below key support here. CBOE Market Volatility Index (VIX) break in the declining trend-line, and a
CBOE Volatility Index (VIX) hitting declining support here. Have seen a few bounces, but nothing substantial of late. Airbnb (ABNB) testing price level resistance, nice consolidation underneath. Watch for channel resistance on Expedia (EXPE) even if it does manage to break out of the bullish wedge. Enphase Energy (ENPH) with a hard rejection at the
$RCL reaching major resistance following an epic 1.5 month rally. Caution warranted here. Textbook inverse head and shoulders pattern playing out on $WTAI. Hardly a hawkish pause by the Fed as Post FOMC $VIX rushes for the 13's again.
$XLK price level resistance and upper channel resistance pushing back on the $XLKÂ move back to last August highs. Â
After an epic rally in January and much of February, the last three days has seen stocks reverse the gains and trade in negative territory. In this video I'm going to provide my technical analysis on whether this is just a short-term pullback, or the continuation of the stock market crash that started last year.
Adobe (ADBE) rising trend-line is broken, and now price falls back into the Nov/Dec chop area, where price could really get churned up. Russell 2000 (IWM) breaking below long-term support and a creating a lower-low in the short-term. Looking under the Robinhood (HOOD), it still hasn't broken out of the declining trend-line and threatens short-term
CBOE Market Volatility Index (VIX) Inverse head and shoulders basing pattern forming that is worth watching for a potential breakout next week. Applied Materials (AMAT) attempting to break out of the bull flag and re-confirm the inverse head and shoulders pattern. Semiconductor ETF (SMH) testing support that if broken would confirm a short-term
$VIX back below key support, after falling off a cliff, post CPI. Â Â