Super poised and breaking resistance... like over 3.97. Nice bull flag too.
Self - Explanatory but stochs bearish crossing down and MACD/RSI turning lower.
Note chart... Lost trendline support with large volume. Popped back up to Trendline support now resistance. Cover over 121.
at close. But showing a bearish reversal candle on daily as of now.
See down trendline. Close is very important into start of earnings season.
With AA forward looking comments ... and bearish doji potentially being put in. longs are at some risk here.
A lot may depend on Congress. Note July 10th vote: www.foxnews.com
Interesting look. Note similarities and following day.
Also bearish island reversal May 20-22. Also note todays candle marking top of right shoulder.
Bullish MACD cross. Technicals turning up.
Tomorrow all systems go for continuation breakout play over 20MA.
ONCY breakdown bear flag setup. Could bounce here so wait for breakdown below that line... though could gap down below.
Watch for continuation tomorrow. Above avg volume and broke steep down TL.
See chart for notes... 122 would be touch tomorrow a little higher on Wednesday.
$RSH - Interesting intersection of TL and breakout retest. Might be a nice entry with a stop at todays low.
Like swing in $MGM over this down TL near 13.50. 25.4 increase in gambling revenue in March may give it the kick it needs. Should be an interesting day. Cheap here IMHO right above 50MA with obvious exit on losing 50. Also showing a bull flag on daily.