eToro Group $ETOR ($30.29) climbs the hourly moving average support escalator.
Will it continue climbing next week?
Support: 9-hour EMA & 10/11-hour SMAs @ $30.12-$30.16
Before the leap, Moderna $MRNA respected its daily and weekly moving average support bands.
Urban Outfitters $URBN bounces on its daily moving average support band (394/399-day SMAs @ $67.59-$67.71) since November 2024. Earnings on Wednesday, AMC.
NVIDIA $NVDA pushed to the corner on an hourly time frame.
SoFi Technologies $SOFI ($18.91) bounces again off its weekly moving average support cluster and clears (old) resistance.
Next resistance to clear: 44/46-week EMAs @ $18.95-$18.97
Intel $INTC pulled back indeed, and is back right at its weekly moving average support cluster.
Watch for price action at this price level.
Last week, Jumia Technologies $JMIA made a move up to an interesting and strategic price point, challenging its MA resistance, on both the weekly charts we track. Check it out.
D-Wave Quantum $QBTS kisses its weekly moving average support cluster and bounces back up.
A fresh calculation reveals price has been dealing with its 36/38/41-week SMAs (@ $21.37-$21.69) as the current MA resistance cluster.
Once again, Rivian Automotive $RIVN bounces off its ascending weekly moving average support cluster.
Resistance swallowed 4 cents, now @ $20.49-$20.69.
Spotify Technology $SPOT ($533.72) kisses its ex-resistance-now-support and bounces off it.
New MA resistance to deal with: 54/59-week SMAs @ $552.12-$563.48.
UnitedHealth Group’s $UNH price did break below $400. Therefore, the next potential support may be provided by its 40/41/44-week EMAs ($371.45-$372.08), which construct the previously broken resistance cluster.
Symbotic $SYM kisses its weekly moving average support triad once more.
Waiting for the resistance band to get closer?
Resistance: 26/28-week SMAs @ $47.93-$48.39
SYM @ $41.83
Support: 157/160/176-week EMAs @ $38.47-$40.14
Cerebras Systems $CBRS started last week by smashing through the corner it traded into with a violent green elephant bar. The next day it traded down to its hourly moving average support triad, then it lost that too.
CoreWeave $CRWV ($87.85) lost its moving average support on both the hourly and daily time frames.
Support became resistance:
Walmart $WMT continued respecting 25-week EMA line as resistance. Earnings did not help, just accelerated the bounce down off it.
