More Horner Details

$SNDK at the 200-DMA and holding. Good risk:reward for bulls who think this can challenge the September highs near $1900? @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$NBIS volatility was squeezed and it led to a spike in volatility, as it's a mean-reverting instrument. Volatility expanded as the stock broke down. Now that the expansion has possibly run its course, bearish traders who capitalized on this move might be watching the upper Bollinger Band as it is hooking downward. This can be an initial opportunity for a trader to take portions of their trade off the table @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$ULTA is up more than 35% off the summer lows and bull-flagging at potential resistance @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$Semiconductors found the 200-DMA this week and Closed Above the High of the Low Day (CAHOLD) yesterday. The confluence of the 20 & 50-DMAs overhead can be short-term resistance, but an encouraging move from this important cohort. @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$JCI has held its 200-DMA since late April of last year. While $Industrials struggle, this one has held up. Can it continue? What happens if the sector gets back in gear? Is $JCI a potential leader? @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$Industrials struggling while presenting a 'death cross' as the 50-DMA crosses the 200-DMA to the downside. There is a bearish RSI divergence with yesterday's low, but trend traders may be patient before entry. A series of closes above the 50-DMA could get bulls going. @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

Come see us in Honolulu! schwab.swoogo.com/workshops-… @SchwabTrading @SchwabNetwork #SchwabCoaching Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction. <Call Schwab at 1-800-435-4000 for a current copy>. [Supporting documentation for any claims or statistical information is available upon request.] ODD Link: theocc.com/company-informati…

$GOOGL up only 1.5% YTD, but working to confirm support at the $315 level. Earnings later this week will determine the next move. Bulls might consider this spot good from a risk:reward viewpoint if they think it can rally back to prior highs around $400 @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$TXN breaking out following a brief pullback to its 50-DMA. Is the path of least resistance higher? Some nice volume as the stock confirmed support over the last two weeks. @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$SPX Heatmap view shows today's selling is largely Technology, software excluded. @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

My good friend @BenWatsonCS is hosting next week's Technical Analysis Virtual Workshop. This will be the virtual version of our in-person events hosted around the country. Great alternative if you're unable to get to one of those. Register here: schwab.swoogo.com/tavirtualw… @SchwabTrading #SchwabCoaching

Get your Durfey whenever you can. $CRWD @SchwabTrading @SchwabNetwork #SchwabCoaching *symbol not a recommendation

$SPCX rallying into the IPO day high. Some traders will look at a new issue breaking its IPO day as a potential entry signal. Hasn't happened just yet, but it's worth monitoring. Volume in excess of the 50-DMA of volume possibly indicative of more than just retail stepping in here. @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

The thinkorswim desktop application continues its evolution. Recently, the Schwab development team rolled out the new Order Gadget. Check it out @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

$NBIS in a bit of a squeeze. Bollinger Band width is the tightest it's been in more than a year, suggesting a spike in volatility. Volatility is NOT directional, however. @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

Looks like the $OIL levels are well defined. Risk on for equity markets below $89? If this breaks $89 and yields follow with a pullback, the market rally could get in gear. @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

$TNX continues higher. Can we get any relief here? @SchwabNetwork @SchwabTrading #SchwabCoaching *not a recommendation

$TNX intraday pop to potential resistance has pressured equities since the open. A rejection here can act as a tailwind for the remainder of the day. The breakout last week ran while using the 20-EMA as support. It wouldn't be shocking if the former supporting trendline became resistance here. @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation

$LITE working on the breakout move @SchwabTrading @SchwabNetwork #SchwabCoaching *not a recommendation