Nebius Group $NBIS is back at its weekly moving average support cluster – slightly below the lower MA line.
NBIS @ $165.47
Support: 32/34w EMAs & 45w SMA @ $166.75-$192.97
Intel $INTC closes below its previously respected weekly moving average support cluster.
Jumia Technologies $JMIA continues down until it kisses the lower band of its weekly moving average support cluster.
Resistance: 43/44w EMAs & 279w SMA @ $7.25-$7.33
JMIA @ $5.83
Support: 166/203/206w SMAs @ $5.58-$6.07
Intuitive Machines $LUNR placed a red candle under its upper weekly moving average support band and closed slightly below the bottom line of the triad.
Is price still considered within the support area? You decide.
Nokia Oyj $NOK surrenders to that newly found resistance band.
Resistance: 15/16/25-week SMAs @ $10.24-$11.67
NOK @ $9.14
Redwire $RDW is back at its weekly moving average support cluster.
Break or bounce?
AST SpaceMobile $ASTS follows through after breaking below its weekly moving average support.
Last week, market participants made the call and pushed Navitas Semiconductor $NVTS below its daily moving average (now ex) support band.
Price now nears its weekly MA support cluster.
Resistance: 9/18/19w EMAs @ $11.42-$12.74
NVTS @ $8.34
Support: 111/159/185w SMAs @ $7.26-$8.15
Since SolarEdge Technologies $SEDG stayed outside of the market’s volatility last week and instead, kept consolidating at support.
SEDG @ $31.36
Support: 94/99/119w SMAs @ $29.70-$32.39
Duolingo $DUOL kept respecting its weekly moving average resistance band and pushed its support slightly down, to the 13-week SMA.
Resistance: 42w EMA & 55w SMA @ $151.59-$152.27
DUOL @ $141.76
Support: 13/25w SMAs @ $129.83-$141.03
Last week, market participants chose the latter option with POET Technologies $POET and traded it down below the MA (now ex) support.
Despite the drop last week, Symbotic $SYM still respects its weekly moving average support cluster.
Resistance: 26/28w SMAs @ $44.52-$45.52
SYM @ $38.77
Support: 157/160/176w EMAs @ $38.77-$40.31
Netflix $NFLX is holding well above its weekly moving average support cluster. Resistance is in the middle of its landing procedure…
Price may oscillate between these 2 clusters for a while.
Resistance: 30/36/37w SMAs @ $80.72-$82.21
NFLX @ $70.53
Support: 354/379w EMAs & 400w SMA @ $57.26-$64.54
UnitedHealth Group $UNH beautifully exits the retest and squeeze setup and bounces off its weekly MA ex-resistance cluster (40/41/44-week EMAs).
IonQ $IONQ eventually closed the weekly candle slightly below the lower line of its weekly moving average support band.
IONQ @ $31.28
Support: 130/149-week SMAs @ $31.79-$34.87
Northrop Grumman $NOC bounces nicely off its weekly moving average support cluster to end the week up 8.14% @ $519.86.
The last candle of the session broke below Cerebras Systems’ $CBRS 5-minute MA support cluster.
Cerebras Systems $CBRS ($147.70), 5-minute chat, support in the last few candles: 12-period SMA & 20/21-period EMAs @ $147.29-$147.34
IonQ $IONQ approaches its weekly moving average support band. Candle is alive.
IONQ @ $36.24
Support: 130/149-week SMAs @ $31.82-$34.91
