Chart Setups in UBER, NVDA, AMD

Some interesting constructive chart set ups this AM: UBER, NVDA, AMD...

UBER continues to grind higher toward a challenge of its dominant resistance line that cuts across the price axis in the vicinity of 73.50... As long as any forthcoming weakness is contained above 67.75, the upper trajectory will remain intact... Last is 69.90 (continued below the UBER chart)...

NVDA is challenging its key near-term resistance area at 114, which if taken out and sustained, will point next to 120-122... Last is 113.22

AMD is pushing up above key nearest resistance at 139.25, triggering upside potential from the recovery rally pattern that has developed off of the 8/05 Spike low at 120.52. As long as AMD does not weaken beneath 134.40, it current setup projects next to 153 to 157.50... Last is 140.12...


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Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

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