Amazon (AMZN) recovered the orange horizontal line and the 7-year blue uptrend line. The imminent danger is averted but is only back to the sideways mode. A full-fledged uptrend has…
Posts published in “US Stock Analysis”
PayPal (PYPL) met resistance at MA20 and plummeted to near the 2.5-year light blue uptrend line and the 6-year orange uptrend line. These two are major supports and may help…
Dow Inc (DOW) bounced off the 11-month orange uptrend line earlier. It has just recovered MA200. It is likely to challenge at least the blue horizontal line at about $65,…
United Parcel Service (UPS) bounced off the yellow trading range bottom and recovered MA200. It is still sideways. But should it fail the trading range bottom, it will likely drop…
Apple (AAPL) bounced off the orange horizontal support, breaking through the light blue channel/wedge top. It is now testing MA20 and MA50. The correction is stabilized as long as the…
Tesla (TSLA) failed the orange horizontal support and is now testing MA200 and the blue uptrend line. Should it fail them also, the uptrend will be damaged. Also, more than…
Wells Fargo (WFC) has found support at MA50 and is consolidating above the orange horizontal line. The trading range is now between the light blue and the orange lines. Also,…
2022-04-20 Update: Netflix (NFLX) Plummets to a 4-Year Low Netflix (NFLX) plummeted -22%, gapping down from the light blue channel bottom to the purple channel top. Daily RSI sank to…
Amazon (AMZN) is now testing the 7-year blue uptrend line. If it fails to hold, it will at least test the orange horizontal line at about $2880. Also, more than…