Core Viewpoint - The analysis indicates potential upside targets for crude oil based on the ABCD pattern and key resistance levels, suggesting a bullish outlook if certain price levels are maintained or exceeded [1][2][5]. Upside Targets - The ABCD pattern suggests an initial potential upside target of $65.17, supported by key dynamic resistance indicators including two trendlines and the 50-day moving average [1]. - The 200-day moving average at $65.42 is identified as an initial topside target, with resistance likely on the next approach [2]. Breakout Path - A sustained rally above $63.03 would indicate that buyers have regained control, allowing crude oil to potentially rise above the 50-day average currently at $62.16 [2]. - Holding above the $59.96 swing low for six days, confirmed by two moving averages, adds significance to this level [2]. Trigger Levels - Advancing above today's high of $60.20 would signal strength, with confirmation needed above Monday's high and the top of the five-day range at $61.78 [3]. - A rally above $63.03 would exceed the 61.8% Fibonacci retracement, positioning crude oil for a potential breakout of two falling trendlines [3]. Downside Risks - The bullish scenario could weaken if prices drop below $59.96, unless a quick recovery occurs [4]. - The 50% retracement at $59.72 serves as potential support, with the 61.8% Fibonacci retracement becoming a downside target if this level fails [4]. Outlook - A rally above $61.78 is crucial for exiting near-term consolidation, with a further rally above $63.03 needed to confirm strength and higher price potential [5]. - Today's market action supports the ongoing rally, provided that key support levels are maintained [5].

Core Insights - Affirm is currently trading at $73.28, showing a slight increase of 0.5% and is attempting to maintain its breakeven level for the quarter [1] - The stock has faced resistance at the $80 level but has found support around the $70 mark, indicating potential for a breakout [1] - A bullish signal suggests that a breakout could be imminent for Affirm's stock [1] Technical Analysis - Affirm's stock is within 0.75 of the 100-day moving average's 20-day average true range (ATR), having spent over 80% of the last 10 days and two months above this level [2] - Historical data shows that similar conditions have led to a 60% chance of the stock being higher one month later, with an average gain of 20.5%, which could push the stock above $88 [2] Market Sentiment - There has been a notable increase in put options, with a 50-day put/call volume ratio of 1.28, ranking higher than 99% of readings from the past year, indicating bearish sentiment [4] - If this bearish sentiment begins to reverse, it could provide positive momentum for Affirm's shares [4] Short Interest - Short interest in Affirm has decreased by 8.9% over the last two reporting periods, accounting for 5.8% of the stock's total float [5] - The current short interest indicates that it would take more than two days for short sellers to cover their positions [5]

Katie Stockton, Fair Lead Strategies founder and managing partner and a CNBC contributor. You're just the person I could ask. Um, have you compiled statistics on people correctly calling bubbles.And is it above 0% for for people being right at least immediately. It's never happened in the history of the world, has it. >> It's like a bubble of people calling bubbles, right.And >> that's right. It is. which means it isn't which means it's not going to pop anytime soon probably right >> but it does feel like a ...

Core Viewpoint - Chewy (CHWY) stock experienced a significant decline of over 20% after reaching a two-year high of $48.62 on June 6, primarily due to an 11% drop following earnings on June 11, but is currently testing a historically bullish trendline [1] Group 1: Stock Performance - CHWY is trading within one standard deviation of its 80-day moving average, having closed above this trendline in eight of the last ten sessions [2] - Historical data indicates that similar signals have led to a 78% chance of CHWY being higher one month later, with an average gain of 10.9% [3] - From its current price of $38.68, a similar gain would eliminate its 9.3% quarter-to-date deficit and extend its 15.4% year-to-date lead [3] Group 2: Technical Indicators - CHWY's 14-Day Relative Strength Index (RSI) is around 33, indicating it is in "oversold" territory, which has historically preceded rallies [3] - The stock is experiencing a potential short squeeze, with short interest up 7.7% and 15.51 million shares sold short, accounting for 7.3% of the total float [5] Group 3: Options Market Sentiment - The 10-day put/call volume ratio for CHWY is 0.68, indicating a higher level of pessimism among options traders compared to the past year [6] - Options are currently affordably priced, with a Schaeffer's Volatility Index (SVI) of 38% in the low 7th percentile of its annual range, suggesting a potential premium-selling strategy [7]

Core Viewpoint - Kroger Co has shown a steady upward trend in its stock price over the past year, with recent technical support preventing significant losses after a record high of $73.63 on April 22 [1] Group 1: Stock Performance - The stock recently rebounded from $66, which aligns with its ascending 100-day moving average [2] - For the first time in at least eight of the last ten trading days, the shares are within one standard deviation of their 80-day moving average, after spending at least 75% of the last six months above it [2] - Historical data indicates that after similar signals in the past three years, the stock was higher one month later 55% of the time, with an average gain of 3.7% [2] Group 2: Market Sentiment - An upward movement in Kroger's stock may be supported by a potential unwinding of short interest, with 6.1% of the stock's float sold short [4] - It would take shorts nearly five days to cover their positions at the equity's average trading pace [4] - Among 20 analysts covering the stock, 11 have a "strong buy" rating, while nine maintain a "hold" rating, indicating room for potential upgrades [4]

Core Insights - T-Mobile US Inc's stock has declined by 9.2% to $238.17 despite reporting better-than-expected first-quarter earnings and revenue, primarily due to disappointing subscriber growth [1] - The company added 495,000 monthly bill-paying customers, which was better than competitors AT&T and Verizon, but fell short of analysts' expectations of 506,400 [1] - Year-to-date, T-Mobile's shares are down 8.2%, moving further away from the March 3 record high of $276.49 [2] Options Activity - T-Mobile has seen significant options activity with 8,179 calls and 17,000 puts exchanged, more than double the average daily options volume [3] - The most active options contracts include the weekly 5/2 227.50-strike put and the 235-strike put, with new positions being opened in both [3] Analyst Ratings - RBC Capital is the only firm to adjust its price target post-earnings, raising it to $265 from $260 [4] - Among 30 analysts covering T-Mobile, 19 have a "buy" or better rating, with a 12-month consensus price target of $269.68, representing a 14.2% premium to current levels [4]