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UUUU – Trading Sideways Within a Range
$UUUU is trading within a range between the yellow and white lines. For now there is support building up at $5.74, and I would monitor to see if this support level holds. Otherwise there could be a drop towards $4.78, and this $4.78 would be my preferred price level for buying. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreNFLX – Overbought and Bullish Headed Into Apr. 15 Earnings
$NFLX has been overbought for quite some time now, but continues to show bullishness headed into earnings on Apr. 15. NFLX is holding strong above the light blue zone and has reclaimed support at the yellow trendline. I think NFLX could spike up if these support levels continue to hold. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreJNJ – Steep Decline Towards $145.65 Support Level Headed Into Apr. 16 Earnings
$JNJ has been in a steep decline headed into next week’s earnings announcement on Apr. 16. I have the white trendline as a key support level ahead, and I think JNJ could rebound around $145.65. I would be interested in buying some JNJ at that price level. ChartChamp socials: https://linktr.ee/realchartchamp
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