These names are displaying both technical and quantitative deterioration.
Nasdaq 100 weakens.
When the market declines, the more bearish folks become, and that idea has me looking at this dip in this chart.
The risk of being long and wrong is growing substantially.
There's one level that would determine my trading strategy.
SWKS needs to defend this level to keep me involved, according to the charts and indicators.
Thursday's rally above $140 is bullish.
Let's check out the latest charts of QRVO.
Charts of COUP began to erode in early July and share prices have broken below chart support.
With new equipment -- and new price points -- Peloton is ready to bring in new customers. This is a stock that could still grow nicely once the impetus for that growth fades.