3-2 Brief TA:

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UWMC - 4h - even despite the spike due to the short squeeze on RKT, UWMC still traded very technically peaking right at the 12.5 resistance level I had on my chart. Then, it fell back below the downward trendline by the end of the day, and is sitting right below the $10 price level my guess is it fades away back to the $8 area.

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FSLY - 4h - Another one I got in too early one. 72.5 was holding as support and forming a base. I entered a few spreads that were up nicely yesterday but got whacked today. 70 is some local support, but below that 64 would be the next support. If this bleeds below 70 I would consider exiting my spreads for a loss or rolling depending how the market is looking.

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I'll see if I can post some more if I have time.

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Bowl Leader - UWMC has been rocketing one news. Would love to get you perspective on areas of resistance + your personal opinion.

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Thank you!

I've sprinkled a few of the charts throughout, just wanted to aggregate here

https://joinfishbowl.com/comment_zhn7pghfzh

SPY Chart. See OG Post in Link for commentary.

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CRM - not looking too hot. I got into the 240/250 spread, as I said possibly a bit early. 215 was looking to be holding as support but the tech weakness dragged it lower into EOD. There is some local support around 213 but 210 is a larger support that runs back to August of last year. Below 210 and I'd have to cut my losses and wait for more bullish trending.

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DKNG - 4h - posted in the daily thread, support at 67 and rode it up to 70 where I exited. Got pulled down at the EOD with the market, but overall still bullish here. A retest of any of these support levels has been a good entry, as you can see at the retest around 62.5 and before that at 60, and before that around 55.

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Tesla - 4h - broke the 655 support and retested AH. May lead to a bearish resumption.

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QQQ - completed the bearish trend to the bottom of the channel.

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3/10 brief TA:

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I'll post some quick TA from today (11/7)

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Starting to get busy again, but wanted to do a quick TA for today

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Sorry everyone, been pretty busy. Hoping to free up a little bit here soon.

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Sta - how is the DKNG chart? It’s been stuck in this level for a month(with many dips below $50) but can’t sustain a break and hold over $55 with heavy resistant in this area. Since it keeps rising to this level does that mean it’s going to breakout eventually or is it bearish now? Thank you!

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