Looks like GOOGL and META may be trying to join them.
Market Rotation Into Small caps is unfolding. IWM ETF appears to be set to make another rally here to the upside as the market rotation into small caps continues. Russell 2000 (IWM) pulled back late last week and is now bouncing off of the Fibonacci retracement levels and sets up for a potential rally higher
Don't Chase Stocks Gapping Up! When swing trading, it's crucial to be aware of the potential pitfalls that can derail your strategy. One common mistake many swing traders make is chasing stocks gapping up significantly higher at the open. While it may be tempting to jump on board, hoping to catch a ride on the
$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.
$SPY Kinda looks like a rug pull if you ask me. $FDX long-term trend-line worth watching especially as it is trying to hold it despite the massive gap lower. Diamond top on $GOOGL with a hard reversal and breakout to the upside which nullifies the pattern. Which is also a good example of why in
Long-term support on $F broken today. This is a scenario where trying to guess at where support might loom is not worth it. Best to let the stock start to base first instead of guessing where it might bounce. $XLF nearing a potential bounce area here. $GOOGLslicing right through support, it may be that a
Microsoft Stock (MSFT) rallied and Google stock (GOOGL) (GOOG) had a sell off after they released their earnings reports. Now how are we supposed to buy MSFT and GOOGL and manage the trade going forward?
$GOOGL pullback to the bull flag breakout today. Will need to hold this or risk this being a failed breakout. $AMD pulling back to its rising trend-line off the January lows, after failing to break out of the bull flag this morning. With today's fade off the highs of the day, if it holds into
Strong potential with $META and $GOOGL earnings out of the way, for a pullback to the rising trend-line on $XLC. Ideally, I'd like to see $XLV spend a few more days inside of this bull flag before attempting to breakout. Worth watching this one. $MCD testing major resistance here and close to breaking through. Good
Perfect example of why you shouldn't FOMO into a trade at the open. Traders down more than 15% since the open. Risk/Reward can't be managed. $KMI breaking out of a short-term ascending triangle but worth being mindful of declining resistance overhead and nearing $18. Ascending triangle in AMZN that has yet to break out to