MSFT, SE, SP, FMCI, TSM, WM
WM
- Resistance around $110 - $112. Watch the 100 MA to act as resistance, this aligns with top bollinger band
- Holding above all moving averages, with 50 EMA curling up
- Watching for a breakout to the upside or downside from here
TSM
- RSI in overbought territory, however, in this case it shows incredible strength as it remains elevated
- Strong volume on Friday
- MACD looks strong as well
- Hourly chart watch 50 EMA to act as support
SP
- In the short term, price action will need to find some support here as all longer term moving averages are above the shorter ones
- Ultimate support on the monthly chart around $13.50
- Good support on the daily around $16.89
FMCI
- Needs to break out of this downward trend wedge
- Moving averages look weak as they trend down
SE
- Holding support on the longer term moving average, take note the 50 EMA crossed below 100 EMA indicating short term weakness
- Head and shoulders pattern forming at the top, $100 support needs to hold
MSFT
- Watching the bottom channel to act as resistance now, which would be $207 +
- Price holding well along the hourly moving averages