


DrBandz
Further consolidation is necessary before this stock can move at any direction
Earnings reported negative revenue, we believe orcle will continue on a downtrend
JPM has great potential for a turnover. The stock plummeted shortly after the earnings report showed shortcomings regarding revenue. On the chart, JPM looks to be down trending onto a strong support zone. After hitting support levels, we can see a reversal.
On this setup, we can clearly see Microsoft slowly falling back into the trendline. Microsoft has great potential to bounce off the trendline and continue onward at its respective pace. Usually, the price action consolidates at the line before driving momentum, so we are taking that into account.
Just off the technicals, it seems like a formation of a double top. Volume is starting to decrease. We can see it falling back to the 206 level displayed on the chart
AMD has potential to breakout especially with its incredible volume, however there is a chance that it could follow the trend line back to the green support level.
Apple has been subtly consolidating in a horizontal direction. As the consolidation nears toward the end, we could see it in AAPl to breakout and push towards the 144 mark.