CSCO Struggles to Complete BottomThe CSCO earnings report did not improve the stock price. The stock is still working on what is now an intermediate-term bottom. Volume is average.
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WDAY Building a BottomWDAY is working on a final sideways pattern before testing the completion level for this intermediate-term bottom. Large lots have recently created a Shift of Sentiment™ pattern in the Balance of Power Indicator with their large lot activity.
MRO Bottoming ImprovementMRO is forming an intermediate-term bottom formation that is slowly improving.
CERN Intermediate-Term BottomCERN is working on completing an intermediate-term bottom formation to resume an uptrend. Resistance is weak at this bottom completion level.
TSLA Retests LowsTSLA is in a retest of the prior short-term lows that may develop into an intermediate-term bottom if the support of the low holds. With October the most common month for a Stock Market crash, low support levels become a critical factor for this stock.
BBY Gap and Run WeakensBBY gapped up on earnings news last quarter, then failed to complete its intermediate-term bottom. It did find support at the gap low, but now faces the challenge of resistance above the current price.
ATVI Continues to Build a Strong Basing BottomATVI is building an intermediate-term bottom that is a solid base from which the stock can eventually move up as its fundamentals improve. This is a pattern all Retail Traders should notice, especially Position Traders and Intermediate-Term Traders.
