Nice, clean base? Looks organized and healthy. Great volume buy week after high volume sell week last week. Showing strength.
Daily looks nice, check the weekly. Waiting for confirmation on a weekly breakout either direction.
$TSLA weekly chart looks nice. Good support at $190, less than 15% movement of closing weeks for a month now. Also, recent selling volume is below 2023 average. Stay calm and patient if you are longing $TSLA. Need to hold $190 at the close of the week.
Some mean selling weeks leading up to March, on above average volume for 2023. Weekly chart does not look good.
$ABNB daily, rejected at the 8 EMA and now below 200 SMA. if $120 breaks, expect further downward selling pressure to the $110 level.
Expect choppy conditions to continue. Notice the volume increase with price coming down = selling pressure. Also, notice piercing of Bands in both highlighted areas. Heavy resistance at 400 with multiple rejections at the 20 MA.
Attention to the circles on $NVDA weekly. Notice how we have multiple weeks of piercing Bollinger Bands.