$WBA was on a nice upward trend. Today after $AMZN announces opening up pharmacy's $WBA breaks its upward trendline and maybe headed to lower support line
$SLV maybe about to repeat what we did last year. Last year when $SLV broke both the 50 MA and 200 MA we went down another 31%. Also, look at the volume (low at both points)!
$ BIDU. In the head and shoulders pattern, we are waiting for price action to move lower than the neckline after the peak of the right shoulder. You can try to make some money by selling call options against the neckline, which becomes resistance now.
$LULU has run up with the recent overall market run up. It has now gone out and over its long term monthly chart. It should either just trend here or pull back to its long term channel.
People are using funds from $GLD to finance their buying of stocks for now. Wait for a pull back in the market to get into $GLD. $GLD may just bounce around here for awhile before making its next leg higher.
Every time $JPM has touched the long term upward trend line it has had a very nice bounce. It has once again touch the upward trend line and maybe ready to bounce.
Looking at the weekly candles for $WBA, every time $WBA hits the downward trend line it has a nice bounce. It has once again hit the downward trend line and it might be ready for a nice bounce in the next couple of weeks.
$SHOP has a clear double (triple) bottom can be seen. You can also see a clear upward trend line starting since the summer of 2019. In the past three times, every time it hits the upward trend line, the stock has a big pull back.
Shopify (SHOP) a clear double (triple) bottom can be seen. You can also see a clear upward trend line starting summer of 2019. In the past three times, every time it hits the trend line the stock has a big pull back.
