Daily Charts - $IREN Bottom Watch, $AMZN Resistance, $CRWD Momentum

SmartReversals
10-28 16:06

Markets are showing mixed technical signals, with some stocks attempting to stabilize while others continue to build bullish momentum.

Here’s what I’m watching on the charts. 👇

1. $IREN Ltd(IREN)$

The bullish RSI divergence thesis described during the weekend continues in play.

27.5 is a relevant resistance to watch, 30 is the next one.

The overall structure suggests more consolidation is needed before considering a bottom is in.

2. $Amazon.com(AMZN)$

Bounce from oversold conditions finding resistance at the confluence of moving averages.

I send modeled levels for the next session via email daily, (join using the link in bio), for tomorrow bullish above 252.2 targeting 255.6 & 258.1. If 252.2 is lost, supports are 249.6 & 246.2.

The email has more details of weekly and monthly levels to analyze longer term structure.

3. $CrowdStrike Holdings, Inc.(CRWD)$

Bullish momentum remains strong as price pushes toward the upper Bollinger Band.

With the oscillator still showing room before reaching overbought territory, the bias stays bullish.


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