NASDAQ:AVGO If the price remains below 1403.50, then this is our new LH. A failure to hold 1205 will form a new LL and a start of a downtrend. The candles of the past 4 days show weakness. My targets are: 1300-1275-1250-1200. Daily chart:
NYSE:PLTR ▹Weakness on 1d & 1W timeframes. ▹Volume shelf + decreasing volume. ▹Bear flag + H&S on the daily TF. My targets are: ➳ 23.00 ➳ 21.50 ➳ 20.20. I'd enter 21 Jun $25 puts. Daily chart: Weekly chart:
NYSE:VLO The daily candles of the past 4 days show weakness and rejection. AMEX:XLE - at a major supply zone too. I'd expect a retracement of either: ▹ 0.382 Fib at 159 ➳ new HL. or ▹ 0.618 Fib at 151. Daily chart:
▹Today's candle is bearish engulfing w/ increased selling pressure. ▹Bearish RSI divergence + MACD + Stoch intact. ▹Rising wedge + vol shelf. ➢ I believe, next week it'll fail to hold 20ema & 🪂📉
➢ Today it failed to hold 200sma from the 3rd attempt. But we still have 200ema as support. ➢ If it fails 200ema and 180 level, then we may retest 175-177 horizontal support + volume shelf + GP.
▹Failed to hold 20ema today. ▹RSI bearish divergence intact after tweezer-top. ▹Bearish MACD, MFI, and Stoch. ▹Volume shelf. My targets are: 390-392 (50ema) ➳ 383-384 ➳ 374-376 (volume shelf).
NYSE:CCL Daily chart: ➣ CCL has formed a new LH and LL - marking the start of a new downtrend. ➣ If it can't reclaim the 16-level and close above the AVWAP from its IPO, then we will most likely see a retest of the 15-level. BUT... 👇 Make sure to monitor NYSE:RCL price action - it has earnings in two days. ➢ RCL has also formed a new LH - the recent...
NYSE:BLK Daily chart: Last week, it showed weakness - currently hovering around the 785-790 support but below 20ema. ➣ A daily close below 785 ➳ may lead to a retracement towards the next support at 760-762, potentially filling the volume gap. ➣ Solid volume shelf above 790 + RSI bearish divergence. __ Weekly chart: Last week, it formed a bearish...
Watch ATI on daily. Holds the support line, ready to breakout - daily candle closed above VWAP. 1st target 20.5, 2nd target is 23
Watch SPR weekly. It had its retracement, time to bounce back based on its new supply zone at 63, and the target will be 84 based on Fib retracement: What do you think?
LK broke the triangle exactly at golden pocket