$XOM Exxon Mobil is hugging its 200-day moving average after another rough month of trading. Will support hold? Or will we see another leg lower? #IBDPartner
*Disclosure: I own a starter in XOM and plan to add on further weakness. @MarketSurge@IBDinvestors
$HD
Home Depot rally reaches the underside of its falling 200-day MA... important resistance to watch, imo. #IBDPartner
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$META
Meta platforms pop nearly +9% in early trading on news that it is launching a cloud computing business... #IBDPartner
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$NVDA
Nvidia is trading into its 200-day moving average. This support level is incredibly important and should be watched in the days/weeks ahead. 👀 #IBDPartner
$WMT
Walmart has traded below its 200-day MA for two consecutive days. This is an economically sensitive bellwether. Bulls need to recover asap. 👀 #IBDPartner
$TLT
Treasury bonds etf with a nice "cup" formation... but price rejected by 200-day MA. Could be big implications for rates at this level. 👀 #IBDPartner
$XBI
Biotech showing strength, closing higher yet again in a down or adverse tape. #IBDPartner
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$COST
Costco is coming down for an important retest... will COST hold its recent lows? 👀 #IBDPartner
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