Phasers Set to Kill

Screen Part Three

In addition to biotech, ARK and recent IPOs, housing related stocks are also popping up. Also a whole bunch of stocks I already own puts on or have covered here in the previous three months or more.

Bomb Bay Doors Open

An intraday bounce is probably coming, but the weakness in the very areas I discussed before the open is clearly evident. Whenever this stuff breaks, my question is does it stay contained or does it become a generalized decline that takes down the whole market?

Set Phasers to Short

Haven't had to trim this one yet.

Enphased Out

Lost long-term support again, which goes back to August 2017.

ENPH Ready to Crack

If the market reverses lower, this looks like a favorite that could suddenly become weak.

Five9 Breaks Down

This is what we want to see for bearish targets, breakdowns on otherwise ho-hum or up days for the broader market. Some other charts hitting resistance levels, a normal spot for a pause. Next week I expect stocks will trend into OPEX, which way I cannot say, but certainly if down is the move, the charts losing support levels are most likely to suffer the largest declines.

Adios Enphase