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NFLX Showing Strength Near All Time Highs
NFLX is also trading near all time highs, and is experiencing some selloff in this white resistance zone. However, NFLX still looks pretty strong, and the seasonality trend isn’t too bad in September. I think NFLX is a stock that can continue to perform well. There may be some downside in Sept, but I wouldn’t […]Read More
IWM Deviates Away from the Alternating Days Trend
IWM is trending for a red day, and is deviating away from the pattern of alternating days. I think there is still time for IWM to rebound and close green. However, for now IWM is experiencing a -1% decline for the day. IWM also opened with a bearish gap lower to start the day. IWM […]Read More
The Trend of Alternating Days Continue for NVDA, S&P, & NASDAQ
There has been a recent trend of alternating days between one green and one red daily candle. Yesterday I discussed this trend for NVDA, SPY, QQQ, and IWM. Today the trend continues as NVDA is trending for a green day. This trend suggests NVDA will close green today, and is likely to close red tomorrow […]Read More