$SBUX: Trading near a demand zone at $83. Since the 28th of March, the stock has been in a selling trend, without a single bullish candle. Today, the stock is showing a little bullishness. Keep it on your list; it might catch a good reversal. $INTC: There's a strong demand zone near $34.70. Today, the stock is showing signs of reversal. $NCLH: Trading near the gap-up support from the 27th of February. Opportunity for day traders. For swing traders, considering the selling pressure, the stock remains bearish; they should look for more reversal patterns. $SBUX $INTC $NCLH

Currently, there are no signs of a reversal, but the stock is trading near swing support levels. Price Action Story For about 2 months, the stock has been moving in a box pattern. Before entering the range, it formed a double top pattern (a bullish reversal pattern) near the resistance of $89. Since the breakout on the 10th, the stock has been falling, with no sign of a reversal. Levels to watch $79.50 is the current support. The next swing support is at $77.

What are some stocks that are trading near support but were underselling on a swing frame?

What is the price action indicating?

15 (Mon) Apr SAMSUNG & SK HYNIX SHARES – SOUTH KOREAN GROWTH AMID GLOBAL UNCERTAINTY https://www.asktraders.com/analysis/south-korea-shares-semiconductor-outperforming/ SUPER MICRO COMPUTER INC SHARES TAKE A BREATHER – AI FATIGUE OR NORMAL SERVICE? https://www.asktraders.com/analysis/supermicro-stock-down-ai-fatigue/ CUTS COMING AT TESLA – EMPLOYEE LAYOFFS LOOM AS PRICING, AND TARGETS CUT https://www.asktraders.com/analysis/tesla-cuts-fsd-price-in-half-prepare-staff-layoffs/ THE FTSE 100 SLIDES – HERE’S WHAT TO WATCH THIS WEEK https://www.asktraders.com/analysis/the-ftse-100-slides-heres-what-to-watch-this-week/ IS EXXON MOBIL STOCK (NYSE:XOM) A BUY HEADING IN TO EARNINGS? ANALYSTS BULLISH https://www.asktraders.com/analysis/is-exxon-mobil-stock-a-buy-nysexom-analysts/ PETROFAC SHARES (PFC) TUMBLING TODAY, -27% AS TALKS WITH LENDERS TO RESTRUCTURE DEBT ONGOING https://www.asktraders.com/analysis/petrofac-remains-in-talks-with-lenders-to-restructure-debt/ INCHCAPE TO SELL UK RETAIL OPERATIONS TO GROUP 1 FOR £346M https://www.asktraders.com/analysis/inchcape-to-sell-uk-retail-operations-to-group-1-for-346m/

Yes, the stock reversed after hitting the support at $89. It has been holding the gains from the gap-up on April 11th. The longer it holds, the more control bulls would gain. You should wait for more activity to get an idea of the momentum. Levels to watch $95 is the next resistance. $90 is the current support of the current buildup.

$NIO - It was moving in a range. Today it has given a breakout, heading towards $2.20. $DIS - $115 was the recent support. Currently, it is trading below the level. If the stock closes below $115, we can see more selling, targeting $110. $ABBV - Today, the gap down breached the support level of $163. The next support is at $155. $CCL - Trading below the swing support of $14.50. If it closes below this level, we can see it heading down towards $13.50.

Share your list.

What is the price action indicating?

12 (Fri) Apr PETROFAC SHARES (PFC) TUMBLING TODAY, -27% AS TALKS WITH LENDERS TO RESTRUCTURE DEBT ONGOING https://www.asktraders.com/analysis/petrofac-remains-in-talks-with-lenders-to-restructure-debt/ WOSG SHARES DOWN 46% THIS YEAR, HERE’S WHY https://www.asktraders.com/analysis/wosg-shares-down-46-this-year-heres-why/ SOUNDHOUND AI SHARES (NASDAQ: SOUN) GET ANALYST UPGRADE, WIN BIG ON THE DAY https://www.asktraders.com/analysis/soundhound-shares-up-analyst-upgrade/