NKE has been falling off this year; currently at significant support (blue s/r zone). Breaking lower would have us looking to the next lower supports. Lifting has a channel (clue dashed) and blue s/r zone to go through, as well as the larger overall pattern resistance. Break of each offers opportunities – be cautious of […]
GOOGL has been in a sideways channel – seen on our charts as 2 blue s/r zones. Moving outside of the channel (up or down) offers opportunity for a move to the next significant technicals. Breaking over $797.00 or falling through $680.00 are the levels we are watching.
NFLX at lower support, channel bottom. Potential for lift back to previous highs. Aggressive potential technical trigger consideration (not shown) is a lift through the 13ma and green s/r just above market ($93.00). Waiting for break above $98.30 offers less risk. If the market continues to break down, dropping below $79.50 could offer opportunities for […]
AMZN large potential consolidation after breaking up through expanding wedge. Potential for another wave down, back to channel support. Several potential trigger considerations IF the market starts heading back down, $678.25 being the most aggressive. If the larger positive trend continues, breaking past previous highs ($725.50) would have us looking towards the next projected levels.
FB has been in a strong up trend. Currently reached the top of trend channel – watching for break ($121.20) for a move tot he next projected levels; or a drop through $112.75 for a potential move back previous supports. chart page
