After a strong-red week, Quantum-Si $QSI, $1.07, looks up and sees its daily MA resistance triad descending, now @ $1.23-1.25.
Last week, QuantumScape $QS continued its downwards trajectory after breaking support, to close @ $8.47.
OK, but where can it find support?
The next weekly MA support level is forming by its 124/152/155-week SMAs between $7.16-$7.25.
The last weekly session was volatile, but Jumia Technologies $JMIA managed to close right at its weekly MA support. Watching where market participants will send it next week.
Opendoor Technologies $OPEN continued downwards for another week after the MA support break.
Despite last week’s volatility, CoreWeave $CRWV closed the weekly session right at/above its weekly MA ex-resistance-now-support triad. Beautiful!
Rivian Automotive $RIVN made all the way down to kiss all its weekly MA support lines of the triad before bouncing back up to close above them.
Six red candles and the first green right at the uncommon 47/56/80 SMAs support. Can’t make this up.
USA Rare Earth $USAR closed the last 2 daily sessions below its MA (now ex) support triad.
Last week, The Walt Disney Company $DIS bounced off its weekly MA support triad.
Casting the MA resistance is the 300-week SMA, now @ $120.
If Hims & Hers Health $HIMS wants to reverse, here are its daily and weekly MA resistance bands to beat.
Under Armour $UAA rides its 11/13-day EMA lines as support since December 18. If price pulls back, it may find support there once again.
Reddit $RDDT glides down while touching its daily MA resistance triad, the 5/7/8-day EMA lines. Price will need to break and close above this wall to broadcast a sound of a reversal.
Affirm Holdings $AFRM slides along its daily MA resistance triad, but it nears its ascending weekly MA support cluster, which currently sits @ $48.58-$54.11
