SpecialeAnalysis

SpecialeAnalysis

T-Mobile US Inc. (TMUS) presently breaking through key resistance. A weekly settlement above this resistance would place (TMUS) into a buy-signal with potential gains of 5% - 10% over the next 1 - 2 months for short-term traders, and gains of 20% expected over the next 6 - 8 months for long-term investors. Inversely, failing to close above this resistance...

SpecialeAnalysis

Amazon.com Inc. (AMZN) presently approaching significant resistance, able to absorb weekly buying pressures. Amazon.com Inc. (AMZN) is currently in a buy signal by one-degree from last week’s settlement above a key level. Therefore, bullish continuation is expected. A more cautious investor/trader may wait for a weekly settlement above the resistance levels...

SpecialeAnalysis

Snowflake Inc. (SNOW) having come off significant channel support, is now approaching meaningful resistance, able to absorb weekly selling pressures. From here (SNOW) can fall back to channel support, eliciting losses of 20% over the following 1 - 2 months. A weekly settlement above resistance would lead to a buy signal in (SNOW) where gains of 20% would be...

SpecialeAnalysis

International Business Machines (IBM) testing long-term channel resistance, able to absorb monthly buying pressures. From here, (IBM) can fall lower to channel support, eliciting losses of 5-10% over the following 1-2 months. A settlement below this channel support would lead to significant losses through 2024. Inversely, a weekly settlement above channel...

SpecialeAnalysis

Micron Technology Inc. (MU) in a two-sided framework, capable of contain buying and selling pressures on a weekly basis. If (MU) were able to close above the resistance of this framework on a weekly basis, this would elicit a buy-signal where gains of 20% would be anticipated over the following 2 - 3 months. Inversely, if a weekly settlement below the support...

SpecialeAnalysis

Netflix Inc. (NFLX) presently approaching meaningful support, able to contain weekly perhaps monthly selling pressures. From here, (NFLX) can continue higher to notable resistance, eliciting gains of 15% over the following 1 - 2 months, and gains of 20 - 30% over the following 6 - 8 months. Inversely, closing below support on a weekly basis would put (NFLX)...

SpecialeAnalysis

D.R Horton Inc. (DHI) presently approaching meaningful support, able to absorb weekly selling pressures. From here, (DHI) can recover and turn higher to channel resistance, eliciting gains of 20-25% over the following 3-5 months. Inversely, a weekly settlement below the shown support would place (DHI) into a sell signal where losses of a similar magnitude would be...

SpecialeAnalysis

Cheniere Energy presently testing channel resistance, able to absorb weekly buying pressures. From here, (LNG) can fall back to channel support, eliciting losses of 15% over the following 2-3 months. Inversely, a weekly settlement above channel resistance would elicit a buy signal where gains of 10% would be expected within 1-2 months, and gains of 20% would be...

SpecialeAnalysis

Marvell Technology Inc. (MRVL) presently approaching significant support, able to absorb weekly selling pressures. From here, (MRVL) can gain strength and push higher to channel resistance, eliciting gains of ~20% over the following 2 - 3 months. A weekly settlement above this channel resistance would lead to a long-term buy signal into Q4. Inversely, a...

SpecialeAnalysis

M&T Bank Corp. (MTB) presently approaching channel support, able to absorb weekly selling pressures. From here, (MTB) can gain strength and trade higher eliciting gains of ~20% over the following 2 - 3 months. If a weekly settlement above the overhead channel occurs, this would lead to a long-term buy signal in (MTB) into later year. Inversely, closing below...

SpecialeAnalysis

For Friday, 4543.25 can contain session strength, below which 4448.50 remains a 3 - 5 day target able to contain selling through September activity, once tested 4701.25 long-term resistance attainable over that time horizon.   A daily settlement below 4448.50 indicates a good high through September trade, 4112.00 then expected over the following 3 - 5 weeks,...

SpecialeAnalysis

For Friday, the 81.49 - 81.64 area can contain selling through the balance of the year, above which 86.15 remains a 2 - 3 week target, 102.96 attainable by the end of the year.   In the more immediate vicinity, 84.14 can contain session strength, while closing above 84.15 indicates 86.15 within several days, able to contain weekly buying pressures - once tested...

SpecialeAnalysis

Microsoft Corp. (MSFT) approaching channel support, able to absorb weekly selling pressures. From here, (MSFT) can regain upward momentum and trade back to recent resistance, eliciting gains of 15-20% over the following 1-2 months. A settlement above this resistance would lead to a longer-term buy signal into 2024. Inversely, if a settlement below channel support...

SpecialeAnalysis

For Thursday, 4537.75 can contain session strength, below which 4442.25 remains a 3 - 5 day target able to contain selling through September activity, once tested 4701.25 long-term resistance attainable over that time horizon.   A daily settlement below 4442.25 indicates a good high through September trade, 4109.00 then expected over the following 3 - 5 weeks,...

SpecialeAnalysis

For Thursday, the 81.49 - 81.66 area can contain selling through the balance of the year, above which 86.28 remains a 2 - 3 week target, 102.96 attainable by the end of the year.   In the more immediate vicinity, 84.18 can contain session activity, above which 86.28 is attainable intraday and able to contain weekly buying pressures, once tested the market...

SpecialeAnalysis

CVS Health Corp (CVS) presently testing breakout resistance, able to contain weekly buying pressures. From here (CVS) can fall back to recent lows, eliciting losses of 15% over the following 1-2 months. A settlement below a near-term channel bottom would accelerate this potential selloff. Inversely, if a settlement above breakout resistance occurs, this would...

SpecialeAnalysis

For Tuesday, 4553.75 can contain session strength, 4526.75 in close reach and able to contain session weakness.   Breaking/opening below 4526.75 signals 4493.75 intraday, while closing today below 4526.75 will keep 4429.50 support in reach by the end of next week, where the market can bottom out through September activity, once tested 4701.25 long-term...

SpecialeAnalysis

For Tuesday, the 81.49 - 81.71 area can contain selling through the balance of the year, above which 86.54 remains a 2 - 3 week target, 102.96 attainable by the end of the year.   Upside Tuesday, 84.17 can contain session strength, while closing above 84.17 indicates 86.54 within several days, able to contain weekly buying pressures and the point to settle...