Check out how MSCI $MSCI bounces off its best respected weekly MA support band like a basketball.
The company reports earnings on Tuesday BMO. Will it bounce again?
Lockheed Martin $LMT reports earnings on Tuesday BMO. Price respects its 285/327-week SMAs as support.
CoreWeave $CRWV rebounded, but hit its daily MA ex-support-now-resistance band.
CAVA Group $CAVA could not get above its daily MA resistance band. Not last week.
Aspen Aerogels $ASPN followed through last week and continues higher after its break above its weekly MA resistance band. Nice!
After all this work in the last few weeks, StoneCo $STNE blew it and put on a long red wickless candle that broke below both it’s past ex resistance and support MA bands.
GameStop $GME trades last week right under its daily MA resistance band.
The room between the stock’s support and resistance bands gets smaller, and there’s less and less air. You know what that means.
Finally! Lucid Group $LCID has broken above its looong-term best respected weekly MA resistance band and closed above it.
Where did it land and trade? Just above its daily MA resistance from 2022!
Hasbro $HAS is not a hype nor a viral name; but the name respects its daily MA support band, enabling market participants to plan ahead. Once again, price bounced off support.
Bingo! CRISPR Therapeutics $CRSP followed through and decisively continued its MA resistance break.
Its supporting MA support band keeps steepening.
New MA resistance band: 244/261-week SMAs @ $71.35-$72.63.
JPMorgan Chase & Co.’s $JPM earnings did not break this hourly MA support band, which now holds for exactly 3 months. Impressive.
JPMorgan Chase, do you have this 👇 capability in your platform? 😉
ASML Holding $ASML is rejected by its daily and weekly MA resistance bands.
Daily MA support is broken, but not the weekly.
New MA support detected – 116/123-day SMAs.
