MarketMaestro

Friday & Monday

Nasdaq and SPX seasonal charts for US midterm election years over the last 25 years

$BSX
It is in a retest position for the Cup+Handle formation

$WYFI
After the price broke the BoS zone to the downside, the stock appears to be targeting a swing low toward the green support band below. We have started seeing this pattern frequently lately

Futures opened very strong

$RIVN
It may try to weather the storm within the green zone. After all it is an Easy Money Era stock

$POET
The green zone may be enough to weather this process 🤞

$OPEN
The pennant broke to the downside. As the probability of a rate hike increases and US10Y rises, the environment works against the stock. Its behavior may change only if these conditions change

$TEM
Last week, the market reacted very negatively after the company announced its acquisition of $PSNL, a name that was unknown to most people but that I have followed and shared since day one.
Dilution concerns moved to the forefront. Terms such as Personalis having the right to exit the agreement if TEM stock falls below a certain level also created additional uncertainty.
In short, Tempus is still operating at a loss, continues to burn cash, and carries a high debt burden. The deal may make strategic sense by combining an AI platform with MRD technology, but it is dilutive in the short ter

$ROOT
The macro environment supports it on one side while creating pressure on the other. As long as it holds the green support line, the short term outlook should remain positive

The weekend market looks good! Nasdaq is up 0.8%, while oil is down 4.5%!

Guess of the day: Which stock do you think this setup belongs to? Drop your answers in the replies

$NBIS
After the EMA21 (blue) correction, it rebounded to its averages. $192 is the Accel Price. Zones 1 and 2 could offer opportunities

$ISRG
It declined all the way to $331, the target of the double top. This level is also the 2008 financial crisis low

$CRWD
It wouldn't be bad if it cooled off down to the shaded area below

$BBAI
I hope it can weather this storm without breaking the green support line

$DOCN
The neckline retest could be an opportunity

$BE
If the support band breaks, the green zone below looks reasonable to me