Stock Market Technical Indicators & Analysis
Little did I know that TSLA, which I wrote about on Sunday night, would rebound in one day! Now, what will it do when earnings come out on Tuesday? And SCTY reports this week too. SCTY retested its green line break out and soared on Monday.What do SCTY and TSLA have in common? Answer: Elon Musk at the helm.
The Worden T2108 indicator is now coming down from the high levels where it often tops out. While this does not necessarily signify a market top, it does show weakening in the NYSE stocks. Check out this weekly chart.
ONVO has risen 9 of the last 10 days. ONVO is in the exciting 3D bio-printing business. It broke out on high volume 8 days ago. ONVO is very speculative and I have a small position.
