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Additional Posts in Technical Analysis & Charting
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3-2 Brief TA:
2-1 TA Midday update (SPY, CRM, AAPL)
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CRM - zoomed in for better look as there are a lot of support levels. 222 may be a pivot, and would need to get above 223 and 224.14 to reestablish the uptrend before I would consider going long.
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SPLK - had a nice run up to the 184 level and is now pulling back. If there is a bounce at the 171 level I would consider reentering the trade. Below that is no dice.
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PLTR - see if 24.32 holds. Then needs a break of downward resistance coming in above 26.
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Thanks for the reminder - I keep forgetting the lock up period is coming up. That certainly would affect my decision to go long for extended expirations.
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AAPL - broke above the rising wedge and retested before running up and rejecting at ATH. If 135 doesn't hold, look for possible support at the uptrend.
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AMD - broke the 2 month channel last week and has been slowly declining. Bounced today around 89.5, may act as a pivot to resume higher. Not an entry yet.
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ADBE - 4h. Potential uptrend support, but so far has been trading sideways since the bullish break of the wedge.
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ADBE - Daily chart. Strong support along the black trendline, any retests and bounces would act as great entry points.
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DKNG - potentially a rising H&S pattern forming over 6 months. Wait to see how it plays out. Also trading within a large channel.
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FSLY - hit the 61.8 FIB and broke down. Let's see if 88.5 holds for a pivot
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SQ - false breakout, and now selling off. May be basing or just taking a breather before resuming downward.