ClearValue Team Insights
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AMZN Above Resistance
AMZN is currently trading above a key resistance level near all time highs. There have been previous times where AMZN rises above this yellow resistance line before dropping back down. I would be cautious for a selloff here, and $186 is a key price level to monitor for support or resistance. Follow me on social […]Read More
Rotation from Big Tech to Small Caps
We are now halfway into the month of July and the stock market is showing some very bullish momentum. The NASDAQ is forming a strong rising channel between the two yellow lines, There has been a short-term correction within his channel, and I believe there is a rotation from big tech stocks to small caps. […]Read More
UPST Approaching Resistance
UPST had some nice upside over the past few weeks. There is a key resistance level approaching around $29.84. This price target will change and depend on when we reach the resistance line. This has been a strong resistance level so we are likely to see some selling there. However, I do want to monitor […]Read More