NYSE:PFE has formed double bottom and is now breaking nearer term downtrend. Has been in multi-year bearish trend. Forward P/E 10.19
NASDAQ:OPEN breaking downtrend from beginning of the year. Strong swing trade entry point if volume shows up
AMEX:SPY has reached 127.2 Fib Retracement since the bear market lows 2022
Great run on multiple Bull Flags, the latest being about as textbook as they get. Recent Golden Cross adds to the best technical look on this name that I've seen in awhile.
I would not be long on Uncle Warren right now
Airlines are strong, and $LUV is near all-time highs. Bullish Cup and Handle pattern that I am buying.
AAPL due for a pullback at the 1.272 Fib Retrace. Looks over-extended.
Hanging tough in the upper quadrant, very bullish up here, I still like this look the best for $SPY
$SPY Hourly Chart Pitchfork view, very bullish up here, stay bullish above the middle line
Drifted down to where the fibs line up, 23.6 of the previous downtrend and 38.2 of the recent swing up. Expect it to find support here above 18. Volume continues to decline. Some shorts covered, but still a lot in there. Target is $21.
$GME hit resistance at 38.2% retrace of the last downtrend, held up to close > 10d SMA. Overbought RSI worked off now and bull flagging on reduced volume. 18.12 is 38.2% retrace of recent move up, aligns with 23.6% retrace of the last downtrend. Expecting support here and then push to around $21.