ClearValue Team Insights
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META Building Support at $481, Red Resistance Line at $438
META has been facing resistance at the red resistance line, but is also building up some short-term support around $481. I think META is likely to trend up headed into earnings, and I would monitor the red resistance line for a break or rejection. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreIWM Struggling to Break Through the Red Resistance Line
IWM was attempting a bullish breakout above the red resistance line. However, this turned into a failed bullish breakout and IWM is back below the red resistance line again. I would monitor for more attempts to break the red resistance line over the next few weeks. For now there is support building up around $191. […]Read More
QQQ Weekly Open with a Bullish Gap
QQQ had a bullish weekly open with a gap higher. I have updated my charts, and I have the red resistance line as a key price target of interest at $446.09. I think QQQ could have some upside this week especially if we get some strong data and strong earnings announcements from the Mag 7. […]Read More