ABNB 1D I We have a bullish divergence on the RSI. We have resistance near the trend and $100. Looks ready for a relief rally into earnings on 08/11.
NVDA 1D I NVDA is breaking out from a falling wedge pattern on the daily. We have significant bullish activity betting on a breakout from $160 and possibly hitting $170 this week.
QQQ 1D I QQQ is breaking out from a falling wedge on the daily time frame. And it is also forming a possible flag pattern. Expecting resistance near $300 and $310.
SPY 1D I SPY is making higher lows as it bounced off the bottom of our trend, and it is forming a flag pattern. We have resistance near $400 and support near $385.
NVDA 1D I NVDA is breaking out from a falling wedge pattern on the daily. We have significant bullish activity betting on a breakout from $160 and possibly hitting $170 this week.
QQQ 1D I QQQ is breaking out from a falling wedge on the daily time frame. And it is also forming a possible flag pattern. Expecting resistance near $300 and $310.
SPY 1D I SPY is making higher lows as it bounced off the bottom of our trend, and it is forming a flag pattern. We have resistance near $400 and support near $385.