Walmart $WMT releases earnings on Thursday BMO.
Last May, price broke below its 25-week EMA line, which had acted as support until then. Now, that line acts as resistance.
Can Walmart reclaim the line?
CoreWeave $CRWV with its best respected moving average support and resistance lines, on an hourly and daily charts.
Cerebras Systems $CBRS on an hourly chart trades into the narrowing space between its converging moving average support and resistance triads.
Symbotic $SYM consolidates on its ascending weekly moving average support triad, while the resistance band closes in from above.
Resistance: 26/28-week SMAs @ $48.39-$49.03
SYM @ $42.70
Support: 157/160/176-week EMAs @ $38.44-$40.12
Northrop Grumman $NOC left its weekly moving average resistance band behind in a nice break up.
SolarEdge Technologies $SEDG could not hold above its (now ex) weekly moving average support cluster and broke below it.
UnitedHealth Group $UNH continues down after breaking below its weekly moving average support line (5-week EMA).
If price breaks below $400, the next potential support may be found at the previously broken resistance cluster: 40/41/44-week EMAs @ $370.59-$371.16.
Spotify Technology $SPOT presents: Resistance becomes support.
SPOT @ $512.82
Ex-Resistance-Now-Support: 25/26/28-week SMAs @ $485.09-$488.53
Rivian Automotive $RIVN rests on its ascending weekly moving average support cluster, while the MA resistance band slowly converges toward it.
Nebius Group $NBIS kept respecting its weekly moving average support cluster and printed a nice elephant weekly candle through resistance.
D-Wave Quantum $QBTS extended its bounce off its weekly moving average support cluster, breaking through resistance.
Jumia Technologies $JMIA tapped its weekly MA resistance band (11w EMA/14w SMA) & its broken ex-support cluster.
The weekly price has to close above these lines to start a reversal.
Yes, it was. Redwire $RDW (now @ $13.58) respected its weekly MA support cluster (176/177/187w SMAs) and bounced off it firmly through resistance.
