Smack It, SMCI! Storyboard, Part II
Super Micro Computer’s stock again slashed in half after breaking support. A third support band identified
Super Micro Computer’s stock again slashed in half after breaking support. A third support band identified
AMZN doubled after it broke above its ex-resistance-now-support band. Will earnings trigger a reverse break?
TNX is back above 4%, however, it is still below its MA ex-support-now-resistance band
When SMCI broke its support, it fell more than 50% until it got caught by its next weekly MA support band. What’s next?
Spoiler: Once TNX broke support – it has not recovered
The break has come. After bouncing between support and resistance for a long time, USO smashed through support
That was quick. SHOP departed its old long-term support towards new one
[UPDATED: August 18, 2024]
It is the first time since the beginning of 2019 that TNX is below support
Because the bands converge, it took USO only a month to go from the ceiling to the floor
[UPDATED: August 10, 2024]
Frequent visits to the support area should place SHOP watchers on alert mode. Next down: $50-$51
This time, USO hit the moving average resistance band. Again.
NKE crossed its legendary MA support lines from the ’90s like they were the finish line ribbon
Are you still counting? TNX/^TNX again touches its long-term support. Is this the break?
[UPDATED: July 27, 2024]
SHOP’s 85-week SMA and 88-week SMA support lines did it again!
Swimming between support and resistance, this time USO turned at the floor
[UPDATED: June 15, 2024]
Warren Buffett’s Berkshire Hathaway may be getting ready to load additional OXY shares at long term support
[UPDATED: June 2, 2024]