Near some big resistance. It looks like it wants to break it but we'll see. Given it has had trouble before I'd play it tight. The 15m chart looks pretty strong though. I'm a big fan of a flag that has a U shape volume.
LULU Broke out a little on Friday from its downtrend. Still near the 50 day MA so we'll see how Monday plays out. If we can hold above that there's probably more upside. Maybe we can get a flag on this trendline and go for another breakout.
We're finally back at the top of the range. I'd expect some profit-taking near ATH, so watch for consolidation before another try at ATH. We'll see on Monday how it'll react to that resistance. The weekly chart looks really strong though, so I'd like it to get near ATH and retrace for an entry.
QCOM has had trouble with this 140 level but it looked strong going into it Friday. Watching it close to see if we can get a breakout. It's gone up a good amount the past couple of weeks so I'm being more cautious with this one.
Ended last week with a gravestone looking doji. With dojis on higher timeframes, I like to see a divergence in the lower timeframes that agrees with the reversal. For NTLA we have bearish divergence in the 15m so this doji looks promising. Going to be looking for shorts aiming at ~76.
Nice looking falling wedge. Decreasing volume on the down move and we're increasing again on the up move. For the most part, ended the day with three white soldiers. Looking for a breakout through this wedge.
LULU has been in a downtrend since the end of last year. I'm looking for a play at the top trendline which is being hugged by the 50 day MA. I'm interested in shorting it once it gets there again. If it ends up breaking through strongly, will flip sentiment to long.
Still retracing from a recent run-up. The previous week's profile looks like a 3 to I selling day, so might see more downside into next week, hopefully to 160 or lower. I'd want it to be 160 or under for a long.