• David Yocum

Stock Chart of the Week - 8/29/22 to 9/2/22

This week, I have chosen a short setup that has a great look to it from a technical perspective. Want my full analysis on $SPY, $QQQ, $IWM, and other favorite setups this week? Video included at the bottom of this page. Skip here $RHI (Robert Half International Inc.) has formed a weekly bear flag under red EMAs. Price has yet to test that key previous resistance at around 66.50-69.00. This is the obvious short-term target with an appropriate stop being about 6% from the current price above that recent swing high. Weekly Timeframe: Bear flag pattern into 8/21 EMA Zone

Daily Timeframe: Trendline breakdown following squeezed red EMAs


 

Weekly Watchlist: $SPY, $QQQ, $IWM, and some of my favorite setups heading into the week to watch:


 

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