UnitedHealth Group $UNH beautifully completes a retest with a textbook reversal right at its weekly moving average ex-resistance-now-support cluster (40/41/44-week EMAs).
Symbotic $SYM closes another week within its weekly moving average support cluster, while resistance keeps closing in.
Resistance: 26/28w SMAs @ $43.74-$45.00
SYM @ $39.28
Support: 157/160/176w EMAs @ $38.77-$40.30
Since SolarEdge Technologies $SEDG nicely continues respecting its moving average support triad for another week.
SEDG @ $33.32
Support: 94/99/119w SMAs @ $29.72-$32.58
Another week that Navitas Semiconductor $NVTS respects its weekly MA support cluster.
Resistance: 9/16/19w EMAs @ $10.81-$12.31
NVTS @ $8.38
Support: 111/159/185w SMAs @ $7.27-$8.21
Last week, Nebius Group $NBIS broke below the lower line of its weekly moving average support cluster.
In case Vertiv Holdings $VRT ($194.32) continues trading down, a potential support area is $138.11-$154.50 (182/224-week EMAs).
Intel $INTC continues down after breaking below its previously respected weekly moving average support cluster.
Arm Holdings $ARM continues down after breaking below its weekly moving average (now ex) support cluster. Has it reached support?
On the daily, price now slides down its 5-day EMA resistance line.
Support nicely held. Redwire $RDW closes last week right at its weekly moving average support cluster again.
Watch for price action next week.
RDW @ $8.36
Support: 176/187/190w SMAs @ $8.26-$8.69
Jumia Technologies $JMIA nicely continues to respect the lower band of its weekly moving average support cluster.
Resistance: 43/44w EMAs & 279w SMA @ $7.17-$7.26
JMIA @ $5.70
Support: 166/203/206w SMAs @ $5.59-$6.08
PepsiCo $PEP rides its daily moving average support band all the way up and hits resistance.
Price is now caught in between. Which band will break next?
Resistance: 118d SMA & 127d EMA @ $138.79-$138.90
PEP @ $135.77
Support: 5/7d SMAs @ $133.82-$135.38
Netflix $NFLX kisses the upper line of its weekly moving average support cluster.
Resistance continues to close in.
Resistance: 30/36/37w SMAs @ $79.80-$81.90
NFLX @ $65.85
Support: 354/379w EMAs & 400w SMA @ $57.33-$64.55
Take-Two Interactive Software $TTWO bounces off its daily moving average resistance band.
Resistance: 35/37/44-day SMAs @ $207.62-$211.40
TTWO @ $203.69
Bloom Energy $BE approaches its best respected weekly moving average support triad.
BE @ $193.30
Support: 61/75/81-week SMAs @ $140.26-$177.90
