Tech Talk for Wednesday February 24th 2021

by Don Vialoux, EquityClock.com

 

Technical Notes for Tuesday February 23rd

Charter Communications (CHTR), a NASDAQ 100 stock moved below $593.09 extending an intermediate downtrend.

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Intuitive Surgical (ISRG), a NASDAQ 100 stock moved below $735.64 completing a double top pattern.

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Advanced Micro Devices (AMD), a NASDAQ 100 stock moved below $84.61 extending an intermediate downtrend.

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MercadoLibre (MELI), a NASDAQ 100 stock moved below $1,700.00 completing a double top pattern.

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Synopsis (SNPS), a NASDAQ 100 stock moved below intermediate support at $252.10

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Xilinx (XLNX), a NASDAQ 100 stock moved below $129.57 extending an intermediate downtrend.

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Thomson Reuters (TRI), a TSX 60 stock moved above $109.17 following release of quarterly results setting an intermediate uptrend.

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Retail SPDRs (XRT) moved below $75.28 setting an intermediate downtrend.

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Lithium ETN (LIT) moved below $65.13 completing a double top pattern.

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Insurance iShares (IAK) moved above $74.58 extending an intermediate uptrend.

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Splunk (SPLK), a NASDAQ 100 stock moved below $151.91 extending an intermediate downtrend.

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Electronic Arts (EA), a NASDAQ 100 stock moved below $137.76 completing a double top pattern.

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Cognizant (CTSH), a NASDAQ 100 stock moved below $72.53 completing a double top pattern.

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Lululemmon (LULU), a NASDAQ 100 stock moved below $312.90 extending an intermediate downtrend.

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Costco (COST), an S&P 100 stock moved below $348.52 and $346.03 extending an intermediate downtrend.

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Home Depot (HD), a Dow Jones Industrial Average stock moved below $258.73 completing a double top pattern.

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Soybeans ETN (SOYB) moved above $21.23 to a four year high extending an intermediate uptrend.

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Verisign (VRSN), a NASDAQ 100 stock moved below $190.88 and $187.82 setting an intermediate downtrend.

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The Canadian Dollar moved above US79.43 cents to a three year high extending an intermediate uptrend.

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Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for February 23rd 2021

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Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for February 23rd 2021

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Green: Increase from previous day

Red: Decrease from previous day

 

Sectors

Daily Seasonal/Technical Sector Trends for February 23rd 2021

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Green: Increase from previous day

Red: Decrease from previous day

 

Disclaimer: Seasonality and technical ratings offered in this report and at

www.equityclock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed




This post was originally publised at Vialoux's Tech Talk.

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