Loving this ORCL play for the upside potential. Sellers are exiting the market due to the volume. Entering a demand zone.
Watching this area for a drop below could mean a huge sell-off due to buyers are very active but can print off the bounce.
Key support must hold with market participation. WQait for the bounce with volume
CHWY earing deficit is devastating for the company. For example last quarter earnings they suffered a -0.2 deficit. Sent the stock tumbling. Now CHWY has a gap down with a -0.4 earnings deficit regarding inflation.
Looking at LULU for support bounce as there is not much selling pressure last day.
Watching CSCO for resistance break with market participation
Watching UBER for PT Support with market participation
Watching break of resistance with market participation
Watching break of resistance with market participation.
