Colgate-Palmolive Company $CL keeps respecting its 121/122-day SMAs as support, and consolidates below its resistance, the 9-day EMA & 14-day SMA lines.
UnitedHealth Group $UNH monthly chart for March: MA support moved higher, stock price is back lower. Will they meet?
UNH @ $277.26
First level support: 210/216-month SMAs @ $220.75-$226.21
First level resistance moved lower to $306.44-$307.32.
Oracle $ORCL trades below $150, but it still respects its weekly MA resistance triad (306-week SMA & 330/372-week EMAs), as well as its MA resistance (6/8-week EMAs).
Shopify’s $SHOP weekly MA upper support band (126/127-week SMA lines) keeps its upward climb.
Will the stock’s price meet the support band and bounce off it?
We’ll be watching.
Remarkably, last week Kratos Defense & Security Solutions $KTOS respected the lower MA line of its support cluster, on both the daily (293-day SMA) and the weekly (62-week SMA) time frames.
Moderna $MRNA is still at its weekly MA support, sitting nicely.
Uncanny 2… Yet another week that Rivian Automotive $RIVN sticks to its weekly MA support triad, the 47/56/80-week SMAs.
Is there already a @Polymarket market for the next week(s)?…😁
This is uncanny… Jumia Technologies $JMIA spent the week squeezing even more into the closing gap between its converging weekly MA support and resistance clusters – the 113/116/133 SMA lines.
An imminent breakout may be coming soon.
