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Interesting look from the Real Estate sector, which remains roughly 10% below its 52-week high and has now diverged by more than 20 percentage points from the U.S. 10-Year Treasury Yield.
@SchwabTrading@SchwabNetwork
Charts are for illustrative purposes only and not a recommendation.
Interesting look from a coiling $BTC caught between its 30-day High AVWAP and a rising 5-day moving average.
As the space between support and resistance continues to narrow, it raises an interesting question: what happens when the pressure becomes too much?
@SchwabTrading@SchwabNetwork
Charts are for illustrative purposes only and not a recommendation.
Interesting look from the 10-Year Treasury Yield (/10Y). The move through 5% may not come as a surprise to short-term trend followers. The rising 5-day moving average, largest-volume VWAP of the month, and Volume Profile POC appeared to provide a foundation for the move higher.
@SchwabTrading@SchwabNetwork
Charts are for illustrative purposes only and not a recommendation.
Discussed $AZO on Morning Movers earlier today. Earnings sparked a sharp rebound from 52-week lows, but the rally pumped the brakes at the 🟡June 18 VWAP from the largest volume day of the past year. With the 50 & 63-day declining moving averages overhead, potential converging resistance remains.
@SchwabTrading@SchwabNetwork
Charts are for illustrative purposes only and not a recommendation.
$PEP, which sells a different kind of chip, remains above its ⚪ IPO VWAP but below its 🔴 ATH VWAP on the Monthly Max. The 1Y 1D tells a different story, with shares near 52-week lows and the 🟡 largest volume day of the year recently printing.
Same stock. Different perspectives. Which timeframe best aligns with your plan?
@SchwabTrading@SchwabNetwork
Charts are for illustrative purposes only and not a recommendation.