Ray | ChartThesis

Charts over opinions. Market structure. Data driven.

[Ray | ChartThesis @ChartThesis]

Keep an eye on $GLD $GC_F $GDX

Gold is being squeezed between the 200 day moving average and this falling trend line.

A break in either direction will likely be sharp.

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$FSLR with a potential breakout on the weekly chart.

Daily shows a mini consolidation near all time highs. $TAN #solar

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$VLO setting up nicely. #oil #oott

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A few breakouts that caught my eye in the energy sector today. $VLO $IMO $VAL

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Looks like the consolidation on $XLE may be resolving higher. We’ll have to see what happens the rest of the week.

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New all time closing high in $CRWD.

Given that it’s been straight up the past week, I’d ideally like to see some consolidation to take a breather before building momentum back up for a real breakout. Worth watching closely into the weekly close.

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Won’t pretend to be an expert on the conflict in the Middle East or fertilizers, but the chart of $CF looks strong. I’m in.

This consolidation is around all time highs too.

[Ray | ChartThesis @ChartThesis]

$Silver may be building momentum again with today’s initial breakout.

We’ll see if there’s enough for a follow through day and hold into this week’s close.

[Ray | ChartThesis @ChartThesis]

solana:So11111111111111111111111111111111111111112 is a prove me story right now but it is breaking its downtrend line from the top. Keep an eye on this one.

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$DDOG with a new weekly closing high. Next week will be crucial given this resistance area.

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@RichardMoglen @alphatrends What is his highest confidence anchored vwap strategy?

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Looks like $ZM may have put in a base bottom.

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bitcoin:native with a small consolidation breakout following a break from the downtrend too.

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ethereum:native may be starting to perk up. This falling downtrend line goes back to the peak last fall. If this break holds, it likely bodes well for software stocks too.

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$ETH keeps testing this downtrend line.

First chart is the daily. Second is the 4 hour.

4 tests in the last 15 days, but no break yet.

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Nice base here in $NEE

[Ray | ChartThesis @ChartThesis]

@DKellerCMT It may be breaking the downtrend line from the top too.

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Intel $INTC testing the upper end of multi decade resistance. Nice base. It’ll be interesting to see the direction this resolves.

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Couple different ways to look at bitcoin $BTC.

Could this be another bear flag?

It’s approaching its downtrend line from the top. A break here would be interesting.

On the monthly, this looks a typical retest of the breakout with a potential morning star taking shape.

[Ray | ChartThesis @ChartThesis]

Could software $IGV be recovering?

Long term chart shows how notable the volume has been.

Daily chart shows a bullish RSI divergence and a potential false break below support. False breaks tend to move quickly in the opposite direction.

I’m long $CRWD and $PLTR.