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LMT Retests $546 Resistance Level
LMT is forming a selloff over the past 2 weeks, and could form a potential rebound at the white trendline around $546. This white trendline was previously a resistance level, and LMT is trying to flip it into an area of support. I would monitor for a bullish rebound otherwise LMT could continue to trend […]Read More
LLY Forming a Selloff After Earnings Miss
LLY is one of the best performing stocks with a tendency to trend up over time. There is a correction forming after LLY had a rare earnings miss, and I think this could be a great buy opportunity. I have the yellow trendline as a key buy level for LLY around $735. Follow me on […]Read More
More Sideways Price Action for QQQ
Over the past 3 days and counting QQQ has traded sideways between $493 and $500 with support building up near the upper range of the white zone around $439.39. I think there is risk of QQQ breaking to the downside, but the price has been holding up pretty well so far. I think we could […]Read More