It's easy to be bearish right now. QQQ is no different. I'm looking at that 12,300 for some type of buying pressure. Unless some news hits, I'm following this channel downward.
WELL is setting up for another move up. XLRE has has two really good days and has seasonality in its favor. On the watch list... for now.
Solid trendline in place going into earnings. Only Neutral because it's so close to er and it's still below the 20, 50 ema and 200sma. Will watch price action at the dynamic resistances.
LDOS looks like its ready to move on and up from the ascending triangle. Many defense stocks are in the same or a similar pattern. RTX already moved up.
Energy is just blazing hot right now. Inverse head & Shoulders to 13 and it proofs.
Looking for a bounce off the bottom of that ascending channel. Long term bullish if bounce off the bottom happens. Coming into earnings
XLU looking to repeat itself. Will it continue forward? looking for a break above.
DIS is down nearly 40% off its highs and is still showing nothing bullish.
Target, TGT, has passed through the horizontal resistance, retested and broke through the 200SMA.
Waiting for a breakout to either side. Close above for a long position.
APB has formed a bull flag . Watching this week for a breakout to the upside. Note the volume .
Raytheon broke out of a Ascending triangle last week. XLI is a sector that looks like its ready to move up.
COP has been in an ascending channel for the last 6 months. Its at the bottom of the channel and a symmetrical triangle has formed. Breakout this week. To 115.