V

Charts of Interest - $SPY $QQQ $ALXN $V $PANL $QCOR $FFIV $HANS

Spy - Possibly forming right shoulder. Would not be confirmed until neckline is broken. Plenty of time.

QQQ Range

ALXN - Pocket pivot move as it cleared 10,21, and 50 day moving averages. Still with in this range.

CATM - On watch, with alerts set at a break of this descending trend line.

EOG- Held 50d, which is a good sign. Still watching the 105 area.

Cat testing the lower end of its range. Needs to hold. 

HANS - Pocket pivot move on Friday. Long entry thru 97.00

A couple different looks at PANL. Butterfly and descending wedge 


STMP - Descending Wedge. On the weekly, has held 21wk moving average so far. 


V - Holding up and basing. Will add thru highs. 

VMW - Possible Gartley long entry setting up here. 


Some Charts of Interest $MELI $SPG $V $LTD $FFIV $XOM $CAT $ULTA $HANS ETC..


MELI completing it's measured move out of this descending channel and clearing highs. Held it's 91-92.00 area it broke through yesterday.


SPG creating a small flag between 121 and 125.00. Keeping an eye on it.

Solid bounce today in V on average volume. Sitting right at previous all time highs. 


LTD breaking out on huge volume today

FFIV remaining strong. Bounced today off this descending trend line that was previously resistance now acting as support. Still keeping an eye on the weekly as the measured move is back at highs near the 145 area. 


XOM tryingto dcide if it wants to break out here or now. Volume came in as it cleared its 200d. Watching the action here and keeping a close eye on it. 


SAFM 

VMW

CAT holding 10/21d today. Could see an explosive move out of this 87-98.00 range


ULTA - Watching for a move thru 75.75.00


HANS


EOG - Along with APA, APC, SM