Another week that Circle Internet Group $CRCL closes every daily session below its daily MA resistance band, the 8/9-day EMAs.
Chewy $CHWY hit its weekly MA resistance cluster.
BAM! Strategy (f.k.a. MicroStrategy) $MSTR dips to kiss its lower weekly MA support line and bounces back up.
A daily moving average support cluster is formed under Hewlett Packard Enterprise Company $HPE.
Co. reports earnings next week (September 3rd AMC)
Advanced Micro Devices $AMD got into trouble with its daily MA support band last week, but closed inside the band.
Is that a beginning of a break, or will price manage to bounce back above support?
Super Micro Computer $SMCI fell below the daily MA support lines that held it nicely, and now price tries to climb back.
The near-term resistance is still in place.
Palantir Technologies $PLTR is on a pullback.
Good to know where its weekly MA support net is.
Ulta Beauty $ULTA bounced off its weekly MA support and kept riding its 28-day SMA/EMA support band.
The company reports earnings on Thursday AMC.
Aspen Aerogels $ASPN closed last week right between its 13/15-week EMAs.
So far so good – that weekly MA ex-resistance-now-support band holds the stock’s price nicely.
CRISPR Therapeutics $CRSP again tested its previously broken MA resistance and closed the week right there.
The next resistance area to deal with is @ $69.77-72.04.
Zoom Communications $ZM rallied post earnings and ended the week slightly below its weekly MA resistance band.
Watch for price action next week.
