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…
Posts published in “US Stock Analysis”
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…
CSX Corporation (CSX) bounced off MA200 and the 2-year orange uptrend line. It is likely to hit an all-time high and have more upside to come. Also, more than 200…
Rivian (RIVN) slightly hit an all-time closing low at the trading range bottom. Watch out for a potential breakdown. Also, more than 300 stocks hit a YTD low, including TM…
Lucid (LCID) found resistance at the purple horizontal line and MA200. If it cannot break through, it is likely to be a range-bound between the blue and purple horizontal lines.…