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,…
Posts published in “US Stock Analysis”
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…
ASML (ASML) follows the black down-channel to test the light blue horizontal line. If the light blue line cannot hold, it will at least test the orange up-channel bottom. Should…
Lam Research (LRCX), a semiconductor equipment leader, bounced off the orange support earlier, soaring 6.4% to a new all-time closing high on Friday. Its MA20 > MA50 > MA200. It…
Microsoft (MSFT) failed to recover the light blue horizontal line and came back down to test the blue horizontal line. MACD led the way to drop below its purple support…
TSMC (TSM) bounced off the orange downtrend line and the blue uptrend line after retesting them, which increases the likelihood of challenging the all-time high at $140, about 5% away.…
PayPal (PYPL) bounced off the 4-year orange uptrend line and the yellow range bottom. Should it further recover MA50 and break out the yellow range top, it is likely to…
NIKE (NKE) plunged -4.2%, making it the worst S&P 100 constituent. It gapped down below the light blue 22-month uptrend line and MA200. The major support would be at the…
NVIDIA (NVDA) hit a 45-day low and fell back into the orange up-channel and is testing the blue volume-by-price bottom. If this blue line fails to hold, the next major support…