Microsoft has been seeing a lot of momentum towards the upside, while still holding intact a 6 months symmetrical triangle. I am waiting for another move through our (green) top ray, and to support upon our (blue) 224.49 level.
Broke through (yellow) line of resistance and set a new high at 30.52. Will look to play something after another breakout of that price level (30.52) to catch newer highs.
ABNB is around their opening IPO price, approaching point of convergence in a descending triangle formation. Can be played in either direction with a confirmation from price action levels.
$SBUX possibly looking to make new highs coming out of this ascending triangles.
*Just an idea* Took this play at close, saw a nice breakout of ascending triangle and support on 68.22 price level. Will see if we can test that in the morning so I can average down.
Potential Top on $HAL could see potential for downisde
No clear rejection indicated, support re-formed on resistance. Bullish trading zone entered.
Looking to break into red circle and form new support on our yellow resistance before making entry!
Drew these levels for cup and handle formation and the handle has been spot on for weeks now. Enjoy!