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NASDAQ Stalls as S&P Hits Resistance
SPY has reached the $560 resistance target, and is starting to experience a rejection here. For those who want to build a short position, I think SPY is trading near resistance here. The best entries would be when SPY above $560. The NASDAQ is trading below resistance, and I think QQQ could have some more […]Read More
GME Facing Resistance Around $22.90
GME continues to trade within the bull pennant structure with resistance around $22.90. There have been numerous false breakouts caused by RoaringKitty, but we could see a real bullish breakout caused by real news. For now GME continues to move sideways below resistance, and I would monitor for a break or rejection around $22.90. Follow […]Read More
Bullish Gap and Selloff for HOLO
HOLO had a very impressive 100% rally yesterday, climbing as high as $0.69 during post-market hours. Today HOLO is opening with a bullish gap higher, and I think we are likely to see some type of correction. I have $0.41 – $0.4343 as a key support zone to monitor, and $0.77 as a key resistance […]Read More