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April 3 S&P 500 Update – SPY Had a Bullish Rebound off the $517 Support Line
Yesterday I discussed how $SPY is approaching a $517 support line. There was a successful rebound off that light blue line, and SPY has climbed up towards the white resistance line again. I would monitor for a break or rejection at this white resistance line around $520.30. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreIs PDD About to go Parabolic?
$PDD had two strong rejections off the $150 resistance line. I think the price action has been parabolic so far, and PDD would need to form a bullish rebound soon to maintain this parabolic momentum. With a bullish rebound I think PDD can break through $150 and trend up towards previous all time highs at […]Read More
RKLB Approaching Historical Lows
$RKLB has been trading within a range between the green support zone and yellow resistance zone. I think RKLB is approaching a historically great buy opportunity near all time lows. I would look for an entry within the green support zone. Keep in mind that space stocks can be very volatile, and a lot of […]Read More