Cal-Maine Foods $CALM consolidates nicely at its daily MA support triad (281/304/375-day EMAs) for the last 13 daily sessions, since earnings.
Support holds beautifully!
Opendoor Technologies $OPEN broke below all 3 daily MA support lines, while on the weekly, price held above the 8/9/10-week EMAs.
Next week – a bounce or a break?
Nice bounce by Western Digital $WDC off its 24-day EMA support line back above the support triad.
Same on the weekly time frame: price visited its MA support band and bounced back up.
Spotify Technology $SPOT touches its weekly MA support triad, the 36/37/38-week SMAs, and stays above it.
Watching next week’s price action.
Zoom Communications $ZM stays closer to its weekly MA resistance. It may soon come back to challenge that resistance band again.
Credo Technology Group Holding $CRDO gets closer to its daily and weekly MA resistance lines. Will it break above or bounce back down?
Daily: 20-day SMA
Weekly: 5-week SMA
Following the daily MA support break, Webull $BULL continued down last week, respecting its MA resistance lines.
Strategy $MSTR continued down following the break below its weekly moving average ex-support-now-resistance triad.
Salesforce $CRM trades below its weekly moving average resistance (@~$255-259), getting close to its ascending support (@~$211-212).
Etsy $ETSY finishes another week above its previous weekly MA resistance band, which now acts as support.
DraftKings $DKNG respects its weekly MA support triad for the second week now.
Gorilla Technology Group’s $GRRR finalized weekly candle closed below the weekly MA support cluster it previously respected.
Gorilla Technology Group $GRRR in a down day, but on a weekly view, it is still above the weekly MA support cluster we track (50/52/53-week SMAs).
The candle is still open; a lot can happen until it closes.
DraftKings $DKNG bounces up again off its best respected weekly MA support cluster here.
As always, this is a weekly chart, and the candle is still open.
Even more impressive. BigBear.ai Holdings $BBAI bounces 22% off its best respected hourly MA support cluster.
