ClearValue Team Insights
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NRDS Approaching the $17.66 Sell Target
NRDS had a very impressive rally from the buy zone up to the red resistance line. There has been a lot of shady price action along the way, and I think NRDS is an extremely manipulated stock with insider trading. Some of the older members will remember the price suddenly dropping from $9 to $7 […]Read More
CVX is Neutral With Two Key Price Levels to Monitor
$CVX has lost support at the light blue resistance line, and this light blue trendline has flipped into resistance. CVX is trading above a yellow support level at $131.47. There is neutral price action here, and I think CVX doesn’t have a clear direction for now. I would look for buy opportunities at or below […]Read More
March 7 S&P 500 Update
The S&P 500 also opened with a bullish gap higher today, and $SPY is trading above the white resistance line again. SPY has traded above this white trendline a few days ago, but had a rejection back down. I’m looking for a repeat of the same scenario for a drop below $512 here over the […]Read More