Jumia Technologies $JMIA continues up and hits its resistance triad.
Resistance: 43/44-week EMAs & 279-week SMA @ $7.52-$7.65
JMIA @ $7.45
monday.com $MNDY managed to close the week above its 13-week SMA support line.
‘Same same’ for Rivian Automotive $RIVN. Updated its weekly chart.
No change with Symbotic $SYM. Under the surface, market participants keep doing what they are doing, without naming it.
Weekly MA resistance continues gliding down.
Resistance: 26/28w SMAs @ $46.86-$47.01
SYM @ $42.13
Support: 157/160/176w EMAs @ $38.58-$40.20
Intel $INTC prints the weekly candle completely ABOVE its weekly moving average support cluster.
Mastercard $MA traded the entire last week BELOW its (now ex) daily moving average support cluster.
Northrop Grumman $NOC hovers above its weekly moving average support cluster, which is steadily rising without getting breached since 2011!
NOC @ $518.97
Support: 241/320/332w EMAs @ $468.31-$500.90
BAM! Nokia Oyj $NOK prints the entire green candle ABOVE its (now ex) weekly moving average resistance cluster.
Viking Therapeutics $VKTX punched another week in-between its converging weekly moving average support and resistance bands.
The air between these 2 moving walls will get thinner in the next few weeks.
Resis: 111/118w SMAs @ $37.26-$38.30
VKTX @ $31.98
Supp: 219/348w SMAs & 361w EMA @ $21.20-$30.38
AST SpaceMobile $ASTS trades into a corner, formed by its converging weekly moving average support and resistance bands.
Resistance: 11w EMA & 24/26w SMAs @ $66.81-$77.63
ASTS @ $59.86
Support: 109/125w EMAs @ $53.83-$57.12
POET Technologies $POET no much change since last week.
The stock’s weekly moving average support triad (84/85/97w SMAs) continues ascending steadily.
SoFi Technologies $SOFI continues to nicely trade inside the converging channel between its weekly moving average support and resistance inner-bands.
Resistance: 39w SMA & 44/46w EMAs @ $18.81-$19.13
SOFI @ $17.32
Support: 120/122/145w SMAs @ $15.28-$16.82
Space Exploration Technologies $SPCX keeps respecting its daily moving average support triad – the 15/16/21-day SMAs, now @ $142.91-$143.78.
