Discover and read the best of Twitter Threads about #support

Most recents (24)

Analysis: #NASDAQ $AKAM

Case 230 #Akamai Technologies Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#AKAM 1/4
Chart 1
Weekly Chart: Trending in an orderly manner and rising steadily since 2012, temporarily stalling at 103.34 banging against #trendline #resistance - a close above 105.50 targets 115.65 then 125.70 and possibly 132.60 in the long term. To the .....

AKAM 2/4
..... downside #support at 71.40 with the #SMA 200 at 68.89 then major support zone 56.80-50.90. A close below 38.00 will cause long lasting damage to the rising trend.

AKAM 3/4
Read 4 tweets
Analysis: #NASDAQ $CREE

Case 229 #Cree Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#CREE 1/4
Chart 1
Monthly Chart: Grinding down to the bottom of the triangle and currently trading below the #SMA 200 at 35.13, further up the SMA 50 at 37.66 and #Fib. 0.618 at 38.80 then trendline #resistance 41.45. .....

CREE 2/4
..... To the downside the 21 year #trendline supports with strong #pivot #support at 20.25. Triangular trading is expected to continue for many more months.

CREE 3/4
Read 4 tweets
Analysis: #NYSE $UTX

Case 228 #United_Technologies Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#UTX 1/4
Chart 1
Monthly Chart: After reaching the all time high of 154.44 (Feb. 2020) strong selling pressure has resulted in a 50% loss in value and in the process knocking out the 10 year channel support #trendline. Buyers entered at he #Fib. 0.618 and for the .....

UTX 2/4
..... moment the #SMA 200 holds. The short and medium term trends are now very #bearish coupled with strong choppy movement. Long term we expect further losses towards 43.00-27.00 which is a major #support zone.

UTX 3/4
Read 4 tweets
Analysis: #NASDAQ $AAL

Case 227 #American_Airlines Group Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#AAL 1/4
Chart 1
Monthly Chart: Since Jan. 2018 the price has gone through a steep decline especially with the loss of long term #support 26.25 and #Fib 0.382 at 25.07. Price is currently being supported by .....

AAL 2/4
..... the 10 year #trendline, below that is an important pivot 9.04 - a close below will target 7.20, then 5.59. Immediate #resistance at 16.18/76 then 18.24/45.

AAL 3/4
Read 4 tweets
Analysis: #NASDAQ $PYPL

Case 226 #PayPal Holdings Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#PYPL 1/4
Chart 1
Weekly Chart: Since recording the all time high 124.45 price reacted violently to the downside into the cluster #support sitting above the #Fib.0.50 and #SMA 200 but the reaction had been rather tepid as price has stalled at .....

PYPL 2/4
..... trendline #resistance and the daily SMA 20 at 98.35. The short and medium term trends are #bearish and we expect price to drift lower once again below the base of the cluster towards #trendline support 63.20.

PYPL 3/4
Read 4 tweets
Analysis: #NYSE $UBER

Case 225 #Uber Technologies Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#UBER 1/4
Chart 1
Weekly Chart: The bounce off the all time low 13.71 appears to have stalled and the inability to reclaim the #SMA 20 at 31.67 means that the bears have the upper hand. Strong #resistance lies above the daily SMA 50 and 200 at .....

UBER 2/4
..... 32.52 and 33.85 respectively. A close below #pivot #support 25.58 and the daily SMA 20 at 25.02 should see the down trend resume targeting 15.70.

UBER 3/4
Read 4 tweets
Analysis: #NYSE $TEVA

Case 224 #Teva_Pharmaceutical Industries Limited

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#TEVA 1/4
Chart 1
Monthly Chart: Good base building seen at 6.28/00, price has breached the daily #SMA 20 and gained a footing on the daily SMA 200 - however conditions are #bearish to neutral. Price needs to close above 9.65 then sloping #trendline #support turned .....

TEVA 2/4
..... resistance beginning at 10.70. A weekly close above the latter will eye resistance at 11.75 (#Fib. 0.886). Strong #resistance at 13.45-14.30 - the latter being the top of the unfilled gap of May 2019 then further up 18.60-20.05

TEVA 3/4
Read 4 tweets
Analysis: #NYSE $ABT

Case 223 #Abbott Laboratories

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#ABT 1/4
Chart 1
Weekly Chart: Price broke down strongly below #trendline channel #support finding buyers right at the #SMA 200 and has since recovered most of the losses. A two day close above .....

ABT 2/4
..... 83.80 is required then a hold above 86.15 for 92.45 - a break above targets 97.40/80. Major #support seen 46.05-42.75 where strong buying is located.

ABT 3/4
Read 4 tweets
Analysis: #NYSE $CVX

Case 222 #Chevron Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#CVX 1/4
Chart 1
Weekly Chart: The break of long term #trendline and Fib. 0.50 combined #support at 83.18 has seen price quickly target the pivot and #Fib. 0.786 support zone at 54.90-53.48 where buyers halted the down move - which resulted in a $20 bounce. Further .....

CVX 2/4
..... gains are expected towards the #pivot and old trendline support now #resistance at 83.99 then declining trendline 95.54. The long term objective is 37.30-35.10 which is a major support and a strong reversal should occur.

CVX 3/4
Read 4 tweets
Analysis: #NYSE $CAT

Case 221 #Caterpillar Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#CAT 1/4
Chart 1
Weekly Chart: The strong break below pivot #support at 111.28 has damaged the overall long term trend - over the coming months we expect price to break below the 2009 #trendline currently at 77.52 then head for the #Fib. 0.786 level 54.93. To the .....

CAT 2/4
..... upside #resistance seen at 118.83 - 123.21 (unfilled gap top, trendline, weekly #SMA 200 and #pivot), then further up formidable cluster resistance beginning at 135.60.

CAT 3/4
Read 4 tweets
Analysis: #NYSE $TNK

Case 220 #Teekay Tankers Ltd.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#TNK 1/4
Chart 1
Weekly Chart: A strong base has formed at the all time low and good buying interest has seen a brief take-over of the #Fib. 0.236 but currently trading below and finding above the old #pivot resistance 11.27. #Momentum .....

TNK 2/4
..... is favouring further gains towards formidable #resistance at 47.10.A break below 5.00 will see price find #support at 3.30 - 2.90.

TNK 3/4
Read 4 tweets
Analysis: #NASDAQ $TLRY

Case 219 #Tilray Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#TLRY 1/4
Chart 1
Weekly Chart: Pummeled to a new low 2.43 and rising healthily but strong #resistance is seen at 15.33 (#trendline, #pivot and SMA 20) then stronger at 25.25/30 with the #SMA 50 currently at .....

TLRY 2/4
..... 28.43. Major resistance zone at 39.00 - 50.45. To the downside mild #support 5.35-4.55 then the lowest low and sloping support beginning at 1.97.

TLRY 3/4
Read 4 tweets
Analysis: #NYSE $T

Case 217 #AT&T Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#T 1/4
Chart 1
Monthly Chart: Price has been has been confined to a $23 range since 2003 and bearishness is seen on the short and long time frames. The 17 year #trendline support sits at 25.11, a break and close below #pivot support 23.25 will see a drift towards the minor .....

T 2/4
..... #support zone 21.65-19.65. Further down major support seen into the 11.90-7.80 area (#Fib. 0.886 and pivot support). To the upside #resistance begins 32.26 (the confluence of Fib. 0.50 and the #SMA 200) then #cluster resistance at 36.58 - 37.67.

T 3/4
Read 4 tweets
Analysis: #NASDAQ $WBA

Case 216 #Walgreens Boots Alliance Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#WBA 1/4
Chart 1
Weekly Chart: Bouncing ahead of #pivot support but grinding down lower, below 40.24 targets the 1995 #trendline support at 34.40. Strong #support at 28.95-23.20. Immediate #resistance at the .....

WBA 2/4
..... monthly #SMA at 51.24 then weekly SMA 50 and 20 at 53.77/91 respectively, further up trendline and pivot resistance at 58.45.

WBA 3/4
Read 4 tweets
Analysis: #NYSE $MMM

Case 215 #3M Company

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#MMM 1/4
Chart 1
Weekly Chart: The outlook is very #bearish as pivot support at 133.50 and Fib. 0.618 at 129.34 have been completely eroded and price is now free to target the old #pivot resistance 97.80 then the #Fib 0.786 at .....

MMM 2/4
..... 93.88. A close below 83.00 will see price set sight on the major #support zone 72.90-58.00 were we expect strong buying interest. To the upside major #resistance sits at the 154.90-162.30 zone.

MMM 3/4
Read 4 tweets
Analysis: #NASDAQ $EVBG

Case 214 #Everbridge Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#EVBG 1/4
Chart 1
Weekly Chart: A very healthy uptrend but there's an expanding channel and some minor #resistance at 135.45 with sellers just below - a break and hold above is required for 142.90. A small unfilled #gap exists 121.01-118.40 and below .....

EVBG 2/4
..... minor #pivot support at 116.55, further down major cluster #support zone at 109.30-101.05. The main #SMAs offering support in a $12 range and pointing up.

EVBG 3/4
Read 4 tweets
Analysis: #OTCMKTS $NSRGY

Case 213 #Nestle S.A.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#NSRGY 1/4
Chart 1
Monthly Chart: Short and medium term trends are negative and expecting further losses - a close below 109.30 will target the weekly #SMA 200 at 86.96 then #trendline support at .....

NSRGY 2/4
..... 82.80 (#Fib. 0.382 at 82.11). Major #support zone is 74.55 - 69.80. The long term is #bullish and the main objective is 135.20.

NSRGY 3/4
Read 4 tweets
@PVCHC

So, today, I'm declaring a #SocialMedia #War on you. Your #PrinthouseParkway location is a #clusterfuck of carelessness and stupidity.
Daughter was seen there by a Nurse Practitioner on the 10th of March.

NP provided two scripts, to be transmitted electronically, including a steroid and pain relief.
Daughter went to pick up scripts.

No scripts.

Oh, there's a record, according to @Walmart pharmacy in #ColoradoSprings. They say, electronic record shows that @PVCHC #cancelled the scripts.

Ten days to get transmitted electronically?
Cancelled scripts?
Read 21 tweets
Analysis: #NYSE $GFI

Case 212 #Gold_Fields Limited

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#GFI 1/4
Chart 1
Weekly Chart: Price advances have been refused around the #Fib. 0.382 and #trendline resistance at 7.41 - 8.00. The short and medium trends are #bearish and we expect price to drift lower towards the strong #support 2.30/05 before recovering as the .....

GFI 2/4
..... long term trend is #bullish. Minor #resistance is seen at 9.74 then #Fib. 0.618 at 10.73. Formidable #cluster resistance zone at 13.10-15.90.

GFI 3/4
Read 4 tweets
Analysis: #NYSE $DHR

Case 211 #Danaher Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#DHR 1/4
Chart 1
Weekly Chart: Since peaking at 169.19 (Jan. 2020) strong selling pressure has seen the price move down strongly below the one year #trendline support at 146.55 and #pivot support at 133.70. Expecting further downside probes .....

DHR 2/4
..... below the #Fib. 0.382 (111.39) support then below the #SMA 200 at 105.49. Major #support lies at the zone 94.46 - 93.54 (pivot and Fib. 0.50). To the upside strong #resistance seen between 145.75 - 149.95.

DHR 3/4
Read 4 tweets
Analysis: #NASDAQ $WEN

Case 210 #The_Wendy's Company

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#WEN 1/4
Chart 1
Monthly Chart: Trading in symmetry: low - high (0.49 - 21.97) and (2.63 - 24.04). Since registering the all time high of 24.04 price has fallen dramatically and found buying interest at the #Fib. 618 and just ahead of minor .....

WEN 2/4
..... #trendline support. Strong #resistance is seen at the cluster 15.10 - 18.75 and then further up 19.90 - 22.30. Good #support seen at 5.75 - 2.89.

WEN 3/4
Read 4 tweets
Analysis: #NYSE $VMW

Case 209 #VMware Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#VMW 1/4
Chart 1
Weekly Chart: Since registering the all time high of 206.80 (May 2019) price has fallen way back below the old trading range 167.20-19.30 and the #SMA 200 126.16 - the stock is now very #bearish on .....

VMW 2/4
..... the short and long term. The #resistance zone 147.40-168.80 is now very formidable and we expect prices to trade lower and head towards #support at 72.10 - 65.50 within the next 8 months.

VMW 3/4
Read 4 tweets
Analysis: #NYSE $JPM

Case 208 #JPMorgan Chase & Co.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#JPM 1/3
Chart 1
Weekly Chart: The last time price traded below the #SMA 200 (currently at 100.93) was July 2012. The short and medium term time frames are very #bearish but the long term is still #bullish.

JPM 2/3
Chart 2
Daily Chart: The gap (105.02 - 99.23) has been filled and the down trend has recommenced. Expecting price to drift down towards the next important #support at 53.10.

The #Strategy is printed on the image.

$JPM 3/3
Read 3 tweets
Analysis: #NYSE $RAD

Case 206 #RiteAid Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#RAD 1/4
Chart 1
Weekly Chart: A solid base has formed at the 2009 and 2019 lows at 4.00 and 5.04 respectively and price has pushed up against #pivot resistance at 17.20, now expecting a break above #trendline resistance at 21.65. Minor #resistance seen .....

RAD 2/4
..... at 24.00 - 27.40 a close above the latter targets 46.00. Immediate #support seen at 11.58 then 9.92/65 pivot and trendline support and further down 7.58 - 6.59.

RAD 3/4
Read 4 tweets

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