Costco week 4: double bottom in the 938 area, decline awaits confirmation
Costco week 4 of a sell signal: daily chart shows a double bottom in the 938 area with a 6% rebound underway. MACD is weakening and CMF in distribution — the decline holds, but the double bottom is the key level to watch in this trade setup.
ConocoPhillips: ongoing decline but a double bottom raises caution
ConocoPhillips sell signal at week 10 — technical analysis update: trade performance near +9%, but a double bottom pattern in the 106 area is reshaping the short-term trade setup outlook.
Coca-Cola Consolidated: the bounce doesn't change the picture
Week 13 of the sell signal on Coca-Cola Consolidated: a sharp technical bounce ran into a wall of rejections in the 181-182 area. The underlying picture remains in distribution, with the trade in negative territory.
Coinbase: bullish confirmation week, but the decline isn't over
Coinbase Global — week 3 of a sell signal, trading not recommended. The confirmation week closed bullish: our model suggests exiting the short position. CMF in distribution and a bearish MACD crossover signal a still-fragile technical picture.
CMIG4 — technical bounce near double bottom, decline still in force
Week 8 of the sell signal on Companhia Energetica de Minas Gerais — a bounce off the double bottom in the 11 area, but CMF remains in distribution and MACD stays negative, keeping the bearish read intact. The trade is up 12.6% from entry.
CME Group in freefall: double bottom near 243 but the picture stays bearish
CME Group weekly technical analysis — week 13 of an active sell signal, -10% last week, 99% sell volume. A double bottom trade setup near 243 is forming on the daily chart, but the weekly structure remains bearish.