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S&P and NASDAQ Approach Resistance
The S&P and NASDAQ had a bearish April, but have successfully rebounded in May. Both are approaching their previous all time highs, and new all time highs are in sight. There is a bit of a selloff for $SPY as the price approaches the light blue trendline at $524.49. Similarly, $QQQ is experiencing a weak […]Read More
IWM Attempting a Bullish Breakout
$IWM is attempting a bullish breakout above the red trendline. If the breakout is successful small caps can continue to rally. However, I would still monitor the price action here to make sure there isn’t a rejection. $GME could lead the rally, but trading has been halted. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreAMC Pumps +20% as Meme Stocks Rally
$AMC has pumped 20%+ to start off the week. There is resistance at the orange zone, and I have the white zone and yellow trendline as two key price targets ahead of AMC manages to go on a nice rally. AMC Had a Nice Rally Today ChartChamp socials: https://linktr.ee/realchartchamp
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