$ROKU has had an incredible run, with 11 straight weeks of nonstop gains. The weekly chart is showing a slowdown in growth, with $ROKU having trouble around the $70 to $75 print level. Zooming out and looking at the trading history for the stock, we can see that in the December crash $ROKU printed a lower low. This is an indicator that $ROKU will not make it to...
$BA has had an absolute incredible run and as its share price has risen, it's increased its weighting in the Dow Jones Industrial Average, peaking near 11.5% of the Dow. But $BA is looking to take a breather over the coming months, as it forms a consolidation pattern to ultimately push higher. I'm expecting the gap at $385 area to act as temporary support,...
The inflation adjusted $SPX has held to its long term trendline during this entire run, however in December the trendline became broken, only to see an immediate snapback rally placing us immediately on top of the trendline again. This snapback rally was met with resistance that has now sent us right on the verge of breaking the trendline again. If we fall below...