My charts are created using automation technology powered by TrendSpider
Learn more
Three Days of distribution; on increased volume should be considered a red flag and shouldn’t be taken lightly. Also worth noting the repeated rejection here at the 50 day moving average (indicating to me point of resistance)
The gap higher. A good place to watch and see what happens here. A fill with continuation would be telling
This index (small caps) has been lagging but today starting to show more strength, moving above key resistance. Now support.
Another solid day with good volume. Would expect some resistance around $120.00 And then the 200 day average at 123.40. That’s not to suggest how high this stock will go but some good points to reference on the way up.
Like this chart? Learn more about the charting I use every trading day. Charts that work for you.
From breakdown to breakout to new ATH’s ..and earnings already out of the way!
Physiological resistance at $50.00 It’s not a target but a reference point.
Has the look of a stock that could go to new all time highs. Very strong.
Also noticed that this was an ATH (closing price) for this stock today. Not a small thing! Today the stock closed at 171.77 The previous ATH (closing price) was 167.44 ATH (intraday) is 176.40 Continuation higher, likely
Yet another stock that I wouldn’t be surprised to go to new all time highs. Very strong. Continuation (potential breakout) if able to get above and stay above this pivot point at 504.05
Chart update EOD Signal confirmed, closing today above the 200 day moving average.
