QCOM has had trouble with this 140 level but it looked strong going into it Friday. Watching it close to see if we can get a breakout. It's gone up a good amount the past couple of weeks so I'm being more cautious with this one.
Flagging after a gap up. I like the closing volume so going to watch this one for another breakout.
Still retracing from a recent run-up. The previous week's profile looks like a 3 to I selling day, so might see more downside into next week, hopefully to 160 or lower. I'd want it to be 160 or under for a long.
All these finished pretty strongly on Thursday. Looking for continuation on any one of these.
Looking very strong coming into resistance. I'll be looking for a long if we can break through here with this type of strength.
WDAY has been double bottoming off this trendline for the past couple of months. Looking for it to do it again right here.
Finally approaching the time section of the range again. Let's see if it can break through this time. If it looks strong enough at the top, I'll probably take a long for ATH.
Ended last week with a gravestone looking doji. With dojis on higher timeframes, I like to see a divergence in the lower timeframes that agrees with the reversal. For NTLA we have bearish divergence in the 15m so this doji looks promising. Going to be looking for shorts aiming at ~76.
Nice looking falling wedge. Decreasing volume on the down move and we're increasing again on the up move. For the most part, ended the day with three white soldiers. Looking for a breakout through this wedge.
LULU has been in a downtrend since the end of last year. I'm looking for a play at the top trendline which is being hugged by the 50 day MA. I'm interested in shorting it once it gets there again. If it ends up breaking through strongly, will flip sentiment to long.
All three have a similar pattern U/V shape with good volume. Decreasing volume on the retrace and increasing on the up move. I'll be looking for some continuation plays. JPM in particular is at a big resistance so hoping for a good pop if it can get past that.
MDB has been selling off pretty big the last couple weeks. It's retraced all the way to the 50 week MA. Watching it closely now to see if it'll bounce. Lower timeframes look strong so gonna keep an eye on this one. Not convinced yet to go long so keeping this neutral for now.
Watching ZM closely for continuation. Had a great close on Friday so hopefully it can continue into the week.
Bounce off the 200 day MA/50W MA. Looks very strong in lower timeframes. I'll be looking for continuation plays on this one.
Retracing to a weekly trend line. It's bounced off this 50 week MA before so I'm watching it closely to see if it'll do it again. It has started to form a base so we'll see if buyers can keep this level. I'm still neutral but leaning long in the event it does bounce here.
H&S ish shape showing. Volume has been increasing on the moves down. I don't think it's done going lower yet. MACD and other indicators are pretty weak too.
Big volume on Friday, looks like it's mostly coming from sellers. XOM has reversed twice before off the 30day so I'm curious to see if it'll do it a third time. This time around though I feel more bearish, the volume is making me think it's not done with going lower.