Trend Charts: BABA, AMD, INTC, QQQ, COP, COIN& CMG
Hello everyone! Today I want to share some technical analysis with you! Hope it can help you!
The stocks are as follow:
$Chipotle Mexican Grill(CMG)$ Insiders at Chipotle securing some profits after last week's earnings report, including a $20M sell from CEO Brian Niccol.
This was more than 4x the size of any of his other sales in the last 12 months. 💰
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$Intel(INTC)$ Remember this INTC double top detected by the platform back in February?
This thing got cooked. 🩸
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$Invesco QQQ(QQQ)$ Current regime is clear when looking at market breadth on the Nasdaq 100:
📉 Sell the rip when 80% of constituents are above their 50 SMA
📈 Buy the dip when 20% of constituents are above their 50 SMA
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$Coinbase Global, Inc.(COIN)$ UPDATE: Y2D ⚓ VWAP buyers swooped in right on the money.
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$ConocoPhillips(COP)$ posts a double miss for Q1 2024:
~EPS: $2.03 vs $2.04 est
~SALES: $14.476B vs $15.047B est
~Q2 Production Outlook 1.91-1.95 MBOEPD
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$Advanced Micro Devices(AMD)$ We have solid confluence for a bounce in this $140 area on AMD...
Can bulls stop the bleeding? 🩸
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$Alibaba(BABA)$ recent strength continues with price breaking out of this four month range consolidation
BABA Anchored accumulation/distribution indicator caught the buying behind-the-scenes early. ✅
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