Zoom Communications $ZM has been trading in a channel for a year now. Last week, it kept respecting its weekly MA resistance band.
Strategy (f.k.a. MicroStrategy) $MSTR traded down last week and closed the session inside its weekly MA support band (44/52-week SMAs). What now – bounce up or break down?
Chewy $CHWY is at its weekly MA resistance again. looking strong bouncing off ascending support.
The Trade Desk $TTD sealed the August monthly candle right above its monthly MA support band. Nice.
With August now in the books, Fortinet’s $FTNT monthly MA support stack did its job: Buyers used that area as a good entry point and pushed the price up.
It is not easy for Advanced Micro Devices $AMD to get back above the previous daily MA support stack it has broken below.
Marvell Technology $MRVL updated its weekly MA support area.
NuScale Power’s $SMR weekly MA support trio is up, now around $20.
Applied Materials $AMAT: price hangs, ponders whether to go visit its weekly MA support cluster, or turn.
The support cluster is not confused, it keeps on climbing.
Block $XYZ rides its weekly MA support wave since May 2025. A huge resistance cluster is ahead.
No change with Circle Internet Group $CRCL – it kept respecting its original daily MA resistance band, the 8/9-day EMAs, as well as its tighter, close price based 7-day EMA.
Behavior is seen clearer when Super Micro Computer $SMCI is overlaid with its previous daily support and resistance lines:
Super Micro Computer $SMCI is now between its daily MA support and resistance clusters.
