Category Archives: Up-Thrust

Spotify Reversal at Target

March 11, 2026 By in SPOT, SPOT-26-01, Up-Thrust Leave a comment

With Fibonacci Sequence

The last update on SPOT, identified the retrace targets for a potential reversal, link here.

Price action hit 38%, then printed an up thrust, then a reversal (not advice, not a recommendation).

In an almost surreal situation, SPOT has declined 48% on the first leg down, retraced in Fibonacci 21-Days (not shown), all the while, short interest remains muted at just over 3%, listed here.

Where are the bears?

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Netflix in a Struggle

March 10, 2026 By in NFLX, NFLX-26-01, Spring-to-Up-Thrust, Up-Thrust, ZeroHedge Leave a comment

Last Gasp?

Netflix has been grinding at resistance for over a week with no apparent headway.

With stories like this, all the ‘good’ news may already be out (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

CrowdStrike at Resistance

March 5, 2026 By in CRWD, Software, Up-Thrust, Wyckoff 2 Comments

They Sell … Wall Street Buys

The earnings release tells an interesting story, link here.

After all’s said-and-done, CRWD still has a negative P/E.

Analysists are optimistic, while the insiders sell millions-worth (not advice, not a recommendation).

A push above resistance (blue line), puts CRWD in Wyckoff Up-Thrust position.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Nvidia Breakdown

February 26, 2026 By in Artificial Intelligence, NVDA, Ox Talks, Semiconductors, Up-Thrust Leave a comment

Is This It?

Is the A.I. story, over?

As Ox Talks says here, the never-ending, upward move on any kind of news, may finally be at an end (not advice, not a recommendation).

Looking at the chart, we see after all-time highs, price action drifted sideways for months.

The deep retrace before the false breakout, gave a clue that supply was building.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

When The Set-Up, Fails

February 23, 2026 By in Airlines, DAL, DAL-26-03, Dr. Elder, LUV, LUV-26-01, Spring-to-Up-Thrust, Transportation, UAL, UAL-26-01, Up-Thrust

One Side, is Exhausted

Today was the day when the airline sector was supposed to resume its uptrend into a (possible) new high.

Early in the session, that move has failed (not advice, not a recommendation).

Instead of moving higher, price action printed a new daily low.

As Dr. Elder said years ago in ‘Come Into My Trading Room‘, when a set-up fails, at times, it’s best to exit (if positioned) and re-enter in the opposite direction.

Airlines Sector, Daily

Last Friday’s action was a reversal bar with a higher close. The inference was for continuation to the upside.

As the arrow notes, that move has failed.

The benefit, is a well-defined stop (if short); that is, today’s session high (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar’s Reversal

February 19, 2026 By in PCAR, PCAR-26-02, Spring-to-Up-Thrust, Transportation, Up-Thrust

New Weekly Low

The weekly chart of Paccar Inc. shows a new weekly low off an up-thrust condition.

In addition, as can be seen from the lower blue support line, we also have a repeating pattern, link here (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Delta, Set-Up, Follow-Up

February 18, 2026 By in Airlines, DAL, DAL-26-02, Transportation, Up-Thrust 1 Comment

Test, Complete?

The last update on Delta, link here, said there’s a possibility for an upside test.

Looks like it’s here.

Today, price action net upward progress, appears to have slowed (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Terminating Wedge … TXN

February 17, 2026 By in Artificial Intelligence, Semiconductors, TXN, TXN-26-05, Up-Thrust

Struggling, Above Resistance

Once TXN pushed past resistance, upward net distance has slowed.

Daily close chart, at left.

Now, we’re near all time highs.

For the session, price action printed higher but could not close higher (not advice, not a recommendation).

Prior updates on TXN, are here and here.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Entegris … Divergence

February 16, 2026 By in Artificial Intelligence, ENTG, Semiconductors, Up-Thrust

Fibonacci, and MACD

Entegris reported earnings last week, on the tenth.

Market response was to launch into and up-thrust condition along with hitting the top of a terminating wedge, as well as printing a Fibonacci 161.8%, projection.

Technical details (up-thrust, removed for clarity) are shown on the daily chart below.

Entegris Inc., ENTG Daily

We’re looking for a new daily low at the next session (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Lattice Semi, At The Edge

February 15, 2026 By in Artificial Intelligence, LSCC, LSCC-26-01, Semiconductors, Spring-to-Up-Thrust, Up-Thrust

Another, ‘Repeating’ Pattern

Lattice broke out to all-time highs on its latest earnings; here, here and here.

If you believe the press, it’s ‘buy’, ‘buy’, ‘buy’ (not advice, not a recommendation).

If we look at the actual truth, the price action, we (potentially) see something else.

The chart below, shows we’re at The Danger Point®, where it won’t take much to go either way.

Lattice Semiconductor LSCC, Daily Close

At this point, LSCC is in ‘up-thrust’ position.

Being at that location, does not guarantee a reversal.

It says, we’re at the point of instability. Price action needs to decide who’s in control, bulls or bears.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279