AAPL had a steady decline in volume as it ran up to test the recent new all-time high. This may create a short-term sideways price action until more volume buyers or High Frequency Trader action triggers more volume to the upside.
SPLK is shifting to a trading range pattern as it enters a new all time high level. SPLK gapped and ran up strongly out of a mid-trend short-term bottom.
SNPS failed to maintain its new all time high price, and moved down as selling for profit by large lots overwhelmed smaller lots buying. The pattern is support, at a weaker support level.
ISRG dropped sharply from its recent new all time high. The stock is struggling with heavier large lot rotation action at this level. Volume is too low and Balance of Power shows heavy rotation.
GOOGL will report earnings late this month, but has an early earnings run underway. It has 2 consecutive common gaps. The gap was on Professional Trader volume activity.
ACN bounced up off of support for swing trading and is showing stronger upside volume. Profit-taking started as the stock reached a new all time high.
FMC is in a tight sideways formation at its new All Time High. The compression of this pattern often precedes a sudden breakout.
LULU has been trending upward and gaining momentum as it enters a new all time high price level.
KLAC weekly chart view shows the extreme Angle of Ascent™ on speculation at a new all time high. Professional Traders are likely to start taking profits due to the technical resistance level.
IDXX stepped down after reaching a new all time high. The stock is under moderately heavy Dark Pool Quiet Rotation™ at this time. The bottom red line indicates the top completion level support.
CHTR has moved with momentum to a new all time high. The stock is experiencing some profit-taking by Professional Traders at this time.
Bitcoin forming a bull flag. Elliott Waves say new all time high coming. Buy every dip.
KLAC has hit a new all-time high and is now in a tight compression, even as Dark Pool Quiet Rotation™ continues.
MDLZ has developed an unusually long Platform candlestick pattern at a new all-time high. The highs and lows are quite uniform, which is often the footprint of Buy Side Institutions using Dark Pools.
PEP has breached the resistance highs to move slightly up to a new all-time high. PEP is one of the few Index Components that has a new high at the end of August. PEP must now hold on to these gains and not slip back down into the Trading Range. Early September price action will define whether this breakout holds.
Last post: July 3rd 2019. See chart . Review: Price had created new highs but could have moved back below support. Update: Price has since continued to move even higher. Conclusion: Price is making new all-time highs and we may see the start of the next bull trend. We will now look for long opportunities in stocks. Any comments or questions, do not hesitate...
ADBE gapped over a short-term high resistance area and moved up on a velocity run. This is a new all-time high for ADBE.
SBUX has defied the recent weak market activity, and has run up to a new all-time high. The Percentage of Shares Held by Institutions remains well above average for a big blue-chip stock.