Charts + Technical Analysis

$BABA inverse head and shoulders yet to confirm, and heavy declining resistance above. Previous bases similar to the current one never quite materialized with a breakout - something to keep in mind. . Keep an eye on this bearish inverse cup & handle pattern on $PDD. Not confirmed yet, but a break below $120 would

$IBB broke out of the bull flag but running into some resistance that goes back to 2022. Watch for whether it can breakout here, or pulls back as a result of a failed break. . $IBIT bull flag breakout here, representing a continuation of the current trend-line off of the January lows.

$FHI bouncing off of the lower channel band, but short-term declining resistance needs to see a break before considering a long position. . $VSCO bull flag pattern nearing a breakout to the upside. A break below declining support would invalidate the setup. $SMH has a complicated history with bollinger bands and here the reward gets

$TSLA pullback and bounce off of the base breakout level. . $ABNB wedge pattern formed that could provide some short-term resistance for ABNB, which trades inside of a much bigger channel pattern. $DG pulling back to breakout support. So far holding it. Will need a hard bounce here to keep the setup alive.

$PANW - Another great reason for why I don't hold swing trades through earnings. Only remote level of support is this possible long-term trend-line. . $AAPL managed to hold the trend-line into the close yesterday, and now attempting to bounce off of it today. Possible it sees some push back from the 200-day MA

$MA pulling back here to the rising trend-line. Watch for whether it can hold & bounce. . $GOOGL buying the dip off the rising trend-line today. $AAPL breaking below its rising trend-line from January '23.

$NFE with a break in the declining trend-line while holding support underneath. . $SMCI with a massive bearish engulfing candle so far today. $HOOD broke through the upper channel band.

$TSLA inverse head and shoulders most prominently seen on intraday charts and now trading in the gap from 1/25 . $ABNB with solid short-term rising support underneath, but you want to pay close attention to the resistance above that it isn't part of a bearish wedge that is forming. History often rhymes. $SMCI

Careful with $HOOD right here as it is testing some signficant resistance from 2022 with the upper channel band. . $SHW attempting to push its way out of an ascending triangle. Significant support at the 50-day moving average. $COIN not a trade I would chase here, but certainly remains a strong momentum play if already

$MA Continuation triangle in play here, and holding strong despite heavy market selling today. . $ALT Inverse cup and handle forming, and testing confirmation here. $JPM bearish wedge formed and testing rising support here. A break below $172.90 would confirm the bearish wedge here.