Zoom Communications $ZM reports earnings on Thursday AMC.
Here it is with its best respected weekly MA support and resistance bands.
CRISPR Therapeutics $CRSP – a classic break-and-retest scenario, of its 169-170-week SMAs band (prev. MA resistance).
With its current MA S&R, price respects the 8/12-week EMAs support band, R is @ ~$70-72.
Last week on Aspen Aerogels $ASPN:
On the daily, it kept trading between its converging MA support and resistance bands.
On the weekly, it tested (again) its ex-resistance-now-support band.
Last week as well, Super Micro Computer $SMCI kept respecting its 125/140-day EMA lines as support.
The 299-day SMA is the near-term resistance.
Last week, Strategy (f.k.a. MicroStrategy) $MSTR got closer to its weekly MA support band.
Watching closely.
Chewy $CHWY aggressively bounces off its 46-week SMA support line, smashing through the 6-week SMA resistance line.
Those who bought shares at this support line are doing well!
Even through earnings and the price pop, Circle Internet Group $CRCL kept respecting and closing below its daily MA resistance band, the 8/9-day EMAs.
Buyers (our followers?) stepped in to buy Pony AI $PONY at the MA support band. Sitting on a nice profit.
CAVA Group $CAVA post earnings, just can’t get above its daily and weekly MA resistance bands. Potentially, if & when that happens sometime in the future, it might indicate a trend reversal.
Advanced Micro Devices $AMD touches its 20d SMA/28d EMA MA support band and springs up.
Applied Materials $AMAT is down post earnings; however, price may keep its trajectory towards $121-132, if longs only wait at the price’s weekly MA support band, the 290/332-week SMAs.
eToro Group $ETOR on a 5-minute chart:
1. Broke below its 62/67-period SMAs support band.
2. Broke below its next support level: 81/83-period SMAs, which became resistance.
3. Now above that band again.
