Syz the moment

After a consolidation of more than 16% since the June highs, Lindt has now come back to retest the support zone at 11'090–11'750, which also coincides with the February breakout level. We’re seeing constructive price action on the shorter timeframes, suggesting that this level is attracting buyers and could act as a solid base. Source: Bloomberg

Indeed, 68% of S&P 500 stocks are now trading above their 200-day moving average, the most this year 📈 Source: Barchart

Source: Ryan Rasmussen @RasterlyRock, Bitwise Asset Management

Source: zerohedge

Hannover Rück has been in a bullish long-term trend since 2012! The last swing has consolidated 15% since the May highs, nearing the 78.6% Fibonacci retracement. The stock is now entering the major weekly swing support zone between 238-262, while also approaching the second major support zone from the January 2024 swing at 236-244. Keep an eye on the price action to confirm the potential end of this consolidation. Source: Bloomberg

Salesforce (CRM) has been consolidating since December 2024 and is now down 38%. The stock is back in the major swing support zone between 212-273. Last week was particularly interesting, with a break below the April lows creating a liquidity grab and a reversal, forming a Hammer candle. Source: Bloomberg

Berkshire Hathaway has consolidated more than 15% since the May highs and is now approaching the major swing support zone between 440-456. Keep an eye on the price action over the next few days for potential developments. Source: Bloomberg

After several months of rebounding from the major support zone between 9330-9730, AstraZeneca is now showing signs of a potential breakout. Keep an eye on the 11086 resistance for any confirmation of the breakout. Source: Bloomberg