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SoundHound AI’s Elevator Up, Elevator Down
SOUN shreds 2/3 of its price to kiss support with incredible precision
Lucid Group Is at the Door Again
LCID nears MA resistance band for third time in six months
Smack It, SMCI! Storyboard, Part II
Super Micro Computer’s stock again slashed in half after breaking support. A third support band identified
[UPDATED: November 10, 2024]
When Amazon’s Resistance Became Support
AMZN doubled after it broke above its ex-resistance-now-support band. Will earnings trigger a reverse break?
What’s That Move by the 10-Year Treasury Note Yield?
TNX is back above 4%, however, it is still below its MA ex-support-now-resistance band
Super Micro Computer, a Storyboard
When SMCI broke its support, it fell more than 50% until it got caught by its next weekly MA support band. What’s next?
Checking on the 10-Year Treasury Note Yield
Spoiler: Once TNX broke support – it has not recovered
Finally, United States Oil Fund Made Its Mind: Go Under
The break has come. After bouncing between support and resistance for a long time, USO smashed through support
Shopify Shifts Support
That was quick. SHOP departed its old long-term support towards new one
[UPDATED: August 18, 2024]