SoFi Technologies $SOFI challenges resistance.
Beam Therapeutics $BEAM prints another weekly Doji at its weekly moving average resistance band.
Will price break up and close ABOVE this band next week?
BEAM @ $34.79
Resistance: 225/237-week EMAs @ $34.20-$35.12
Intellia Therapeutics $NTLA ($17.56) prints another green weekly candle.
Will price reach the descending weekly moving average resistance band (156/191-week EMAs @ $20.83-$23.35)?
CRISPR Therapeutics $CRSP closes within its weekly moving average resistance band.
In the past, price had challenges with this MA cluster, and even when price broke it and closed above the cluster, it came back down quickly.
Will it be different this time?
Spotify Technology $SPOT challenges its descending weekly moving average resistance band again.
Compression is built.
Steam may get released within the immediate few weeks with a big move.
Waiting to see which direction price breaks.
Adobe $ADBE monthly candle closed a hair below the monthly MA support cluster, and price already attempts reclaiming it.
Is ADBE done going down?
Let’s start by closing decisively above the weekly MA resistance band.
ADBE @ $219.72
Resistance: 28/33-week EMAs @ $258.54-$266.76
Has TeraWulf $WULF reached support?
Price likes to play over/under with its 122/138-day EMAs, which currently act as the daily moving average support.
WULF @ $21.18
First support band: 122/138-day EMAs @ $19.56-$20.21
Jumia Technologies $JMIA, again, touched its 14/16-week EMA band, which now acts as resistance.
Price continues tightening between the weekly MA support & resistance for a good few weeks now. At one point price may burst.
Rivian Automotive $RIVN printed a big green weekly candle last week right off its weekly MA support area.
June’s monthly candle eventually closed green, and July’s is already challenging resistance.
If the stock wants higher, price has to close July above $18.91/$21.10.
Gorgeous 3-week squeeze-bounce by DoorDash $DASH off the convergence between its moving average support and resistance clusters.
Rocket Lab $RKLB nicely respects its weekly and daily moving average support bands.
Gorilla Technology Group $GRRR continues dancing beautifully on the daily and weekly moving average support clusters, getting closer to its weekly resistance.
eToro Group $ETOR continues consolidating under its weekly MA resistance band & above its ascending support cluster.
The space between the MAs is getting narrower. A big move may follow.
ETOR @ $40.47
Resistance: 46/47-week EMAs @ $41.31-$41.51
