QUALCOMM (QCOM) consolidates within the yellow gap. Should it break down the bottom of the gap, the next stop is likely to be the orange horizontal line at around $121.…
Posts published in “US Stock Analysis”
Lowe’s (LOW) failed MA200 and the orange up-channel bottom. If it further breaks down the blue horizontal line, the next major support would be the purple horizontal line at around…
NVIDIA (NVDA) broke out of the blue double bottom neckline, hitting a 52-day high. If the neckline holds, the double bottom target would be the orange horizontal line at around…
Adobe (ADBE) retreated from MA50 and the 6-year light blue uptrend line. If it fails the purple horizontal line, it would at least drop to the 50% retracement level around…
Pfizer (PFE) re-tests MA10 and the middle of the 2-year orange up-channel. If these hold, PFE may be able to challenge the channel top. Also, more than 800 large-cap stocks…
Lockheed Martin (LMT) found support at the pre-pandemic high at around $415, recovering MA20. It is still in a correction that has not damaged the larger uptrend. Also, more than…
Google (GOOG) found support at the 2-year orange uptrend line. It needs to recover MA200 to confirm a double bottom breakout. Also, less than 100 stocks crossed over MA200, including…
Microsoft (MSFT) bounced off the purple downtrend line for the third time this year. It would have to recover at least MA50 and MA200, or even the orange up-channel bottom…
Coca-Cola (KO) failed MA50. Should it further break below the purple horizontal line, the next major support would be at the crossing of MA200 and the orange horizontal line. Also,…
Energy Select Sector SPDR Fund (XLE) broke above the orange horizontal line of the 2014 top and the blue uptrend line, hitting a record high. Staying above these would confirm…