NASDAQ:PANW nice base and still good momentum on a weekly financial still good but on the daily is a little weak. keep an eye on this support base, dump if it breaks.
Q's bullish momentum broken, it was driven by the chip makers and there is still good strength, but there is more competition, there was a Barron"s article this weekend on how the sector is moving, not super bullish but not bearish sentiment.
recent article on Barron's chip makers are facing more competition, I did talk positive about AMD growth but mention about Cerebras Systems with a new IPO this year and a faster chip that will more than double NVDA's. The is still some selling pressure but we are reaching some good support and volume has decrease a bit on sell days.
on a weekly chart, APPL is not done with selling, maybe if they cut some heads might give it a short term boost but overall I see some targets for the down side with STO still on sell mood
NYSE:DHT good volume spike on a up day on this dry bulk marine transportation, the uptrend is a good one and possible target are 11.50/12.00 for a base then 15 - 16
NYSE:AZEK strong up trend and couple breakouts and the end of the year, from IBD Market Smith, nice retracement to a support area, might be a good entry with a SL of 6% and 20% target for a swing trade.
NYSE:ANET from Market Smith, it touch the 50% Fib retracement and now is at 62%, volume is lower but it might be due to the season. but the uptrend still strong.
I think AAPL has reached an oversold level, it is a little below the 50% fibs retracement but there is a good support are at these levels. I bought some Jan19 190C because today Thursday 4 the volume reach to more than 35K.
