ClearValue Team Insights
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SERV Bleeding Into $7.10 Support Level
I was pretty bearish on SERV in my last update a few weeks ago. The price has been selling off, and I have $7.10 as a key support level to monitor here. I still wouldn’t buy at $7.10, I prefer to buy near the lows around $2. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreNASDAQ Trading Near Long Term Resistance Level
The NASDAQ is trading below a key resistance level that dates back to March of 2000. There has been a 2% decline so far today, but I think NDX is likely to rebound back up to retest the resistance level around $19,700. I’m comfortable building a short position when NDX rises above $19,700. Follow me […]Read More
IWM Holding Strong Despite Stock Market Selloff
IWM and small caps have performed pretty well despite the NASDAQ selling off. I think SPY and IWM still look pretty good, the selloff is likely caused by Nvidia’s earnings. IWM is currently trending down, but is holding above the $210.44 support zone. I would monitor for a bullish rebound on the way down, and […]Read More