ADSK made a new all-time intra-week and weekly closing high this past week and closed in the upper half of the week's trading range, suggesting further upside above last week's high at 72.80 will be seen this week. Nonetheless, the stock has now spent 7 days trading sideways between 70.59 and 72.80 (a $2.21 trading range), suggesting the buying interest has ebbed as the previous 6 days before that the stock traded from 65.06 to 72.62 (a $7.56 rally). There is no resistance above since the stock is into new all-time highs but there is "general" resistance at $73, since it represents the $3 above an even level such as $70 is. The stock made the new high on Wednesday but suffered the same yo-yo type action on Thursday and Friday, suggesting the stock is likely to react to whatever the indexes do this week. Short-term pivotal support is found at 70.59 and then at the previous all-time high daily and weekly close at 68.87. Probabilities favor the bulls but not in a strong way as the stock is at the most overbought condition seen since February 2013.

ARNA generated an inside week (lower highs and higher lows than the previous week) and closed 1 point above the previous week's close, suggesting that it was mostly a "throwaway" week. On a positive note though, the stock has now closed 9 days in a row above the 200-day MA, currently at 1.70, having beaten the previous break seen in June by 1 day (last time the stock stayed above the line for 8 days in a row). This is also the second time a break of the line has occurred in the last 15 months and that is considered a positive as it gives the bulls the edge. The intra-week resistance remains at 1.83, which is a level that has been seen 4 times over the past 15 weeks but not broken. Support is now found between 1.70 and 1.71. Probabilities favor the bulls.

COF remained for the 5th week in a row stuck in a $3 trading range between 69.70 and 72.70 but that does represent a strong long-term resistance level, given that the 200-week MA is currently at 72.60. It is evident the bulls need some help to break the line, either from the indexes resuming the uptrend of the company reporting earnings, which are not due out until October 20th. The stock did close near the highs of the week and further upside above last week's high at 72.19 is likely to be seen. Resistance is found at 72.22, at 72.43 and decent as well as likely pivotal at the recent high at 72.77. Support is not found until the $70 demilitarized zone is reached. Probabilities still slightly favor the bears.

EBAY generated a new 15-month intra-week and weekly closing high this past week and closed near the highs of the week, suggesting further upside above last week's high at 33.19 will be seen this week. Nonetheless, the stock is getting close to a level of resistance between 33.90 and 35.35, seen between February and October 2011, that seems impossible to break without help from the indexes or from the earnings report due out October 19th. As such, consideration should be given to taking profits if the stock gets above 33.89. Intra-week support is pivotal at 31.23 but now with the breakout, any daily close below 32.70 would be considered a negative sign. Probabilities favor the bulls this week.

ENG generated a red week, suggesting that the traders are in the process of testing the breakout to see the validity of it. The stock did get back down near the 200-week MA, currently at 1.43, but did not break it, meaning that so far the retest of the breakout is successful, especially since the stock rallied back up enough to close above the previous high weekly close at 1.48. The stock did close in the lower half of the week's trading range, suggesting that further downside below last week's low at 1.44 will be seen this week but if the stock gets down to the line next week but does not break it and then rallies to close above 1.48 and in the upper half of the week's trading range or goes above last week's high at 1.65 this week, the retest of the breakout will be successful and new buying will likely appear. Short-term pivotal support is found at 1.40 and resistance at 1.72. Probabilities favor the bulls.

FCEL generated a second green weekly close in a row and it does need to be mentioned since it is the "first" time it has happened in the last 18 weeks. By the same token, the bulls did not accomplish breaking any resistance levels, meaning the double green weekly closes are nice but not necessarily indicative of any changes to the sideways trend presently in place. Very minor intra-week resistance is found at 5.51 and minor at 5.60. Support is minor at 5.20 and a bit stronger between 4.98 and 5.02. Probabilities though, now slightly favor the bulls.

FSLR confirmed the previous week's negation of the weekly close break of support at 36.72 with a second green weekly close above that level, suggesting that the downtrend is now over. The stock has now rallied 16.4% from the lows over the past 2 weeks and if the stock can get above $42, the downtrend will be "officially" over as a 20% rally from the lows will have occurred. The stock did close near the highs of the week and further upside above last week's high at 40.33 is expected to be seen. Nonetheless, the bulls are likely to run into important resistance this week as the important weekly close support level at 40.72, that when broken caused the stock to fall to 33.74, is likely to be "in play" this week. In addition, the gap between 41.62 and 40.50 that got created when the stock was downgraded will be "in play" as well and that is also considered pivotal resistance on an intra-week basis. The chart suggests the bulls will not be successful at this time in closing the gap or negative the 40.72 weekly close break and that the stock will likely trade between 36.70 and 40.70 for the next few weeks. Nonetheless, closure of the gap and a close next Friday above 40.72 would be a short-term game changer.

GOOGL made a new all-time high 10 weeks ago, both intra-week and on a weekly closing basis, but the bulls have failed to generate the kind of follow through such a break should have engendered, having appreciated less than 1% over the past 8 weeks on both the intra-week and weekly closing chart. The lack of strong follow through does suggest that "tiredness" is being seen and that further upside will require additional fundamental help. The company reports earnings on October 20th. The stock generated an inside week but with a red close and near the lows of the week, suggesting that further downside below last week's low at 800.45 will be seen this week. Minor support is found at 800.00, a bit stronger at 786.33 and decent as well as pivotal at 783.50. Stock has remained range bound between $785 and $815 for the past 46 trading days (2 months) and is likely to require a catalyst to break out of that trading range. Probabilities very slightly favor the bulls.

GS gapped down on Monday between 165.05 and 163.97 and generating what could end up being a strongly bearish island formation with the stock having gapped up between 163.37 and 163.80 on August 15th, which makes the other side of the island gap. The gap down opening caused the stock to make a new 6-week low, having broken the support built at 164.50 that had been retested successful on 2 previous occasions. The gap was successfully tested on Thursday with a 163.96 high, followed by a negative reversal day and a retest of the 8-week low at 155.37 with a 157.77 low and an intra-day break of the 200-day MA, currently at 159.10. Thursday's close at 158.95 is now considered a successful retest of the MA line, given that the stock closed in the green on Friday. Resistance is now considered decent as well as pivotal at 164.06, given that encompasses both the recent high at 163.96, the gap, and a previous intra-week high of consequence from July at 164.06. On a daily closing basis, resistance is pivotal at 163.45. By the same token, daily close support is equally pivotal as 158.95. It is likely that the stock will follow what the indexes do but based on the chart of the stock, the stop loss needs to be lowered to 164.35 and any rally up above 163.70 should be used to add short positions.

HON extended the recent rally, having generated another green weekly close on Friday. Nonetheless, the bulls were unable to close above the weekly close resistance at 116.75 (closed at 116.59), meaning that it will all be about a red or green weekly close next Friday. By the same token, the stock generated a negative reversal day on Thursday, having gone up to the 15-week intra-week resistance at 117.75 with a rally up to 117.72 and then closing in the red, suggesting that the bulls will need help either from the indexes heading higher or from the earnings report that comes out October 21st. Short-term pivotal support is found at 115.22 and double intra-week high resistance is found at 117.75. It is important to note that the chart now shows an inverted Head & Shoulders formation that if broken (a rally above 117.75) would offer a 122.97 objective. By the same token, the H&S formation could still generate a drop all the way down to 112.70 and remain viable, though the objective in that case would change to 120.35 if the neckline is broken. Probabilities slightly favor the bears for a short-term drop in price but the stock is still dependent on what the indexes do.

KGC remains stuck in a 5-week sideways trading pattern between 3.93 and 4.62, having generated an inside week with a 4.39 high and a 4.12 low. The stock closed in the lower half of the week's trading range, suggesting a higher probability of the stock going below last week's low than above last week's high but the longer term outlook remains unanswered. By the same token, the stock continues to build what can be considered a bearish inverted flag formation, with the flagpole being the drop from 5.56 to 3.93 and the flag being the 5-week trading range mentioned above. A break of the bottom of the flag at 3.93 would offer a 2.99 objective. On a positive note though, the bears have been unable to break the 200-week MA, currently at 4.18, in a convincing manner as the stock has closed above the line on 3 occasions over the past 6 weeks and closed above the line the last 2 weeks. As such, the bearish formation needs to be seen with skeptical eyes. It is evident though, that a break above 4.62 or below 3.93 will be indicative but until then it is almost a flip of a coin.

MT remains in a general sideways trading range but with a negative bias on the weekly closing chart, given that the stock has generated 7 red weekly closes out of the last 9 weeks. Nonetheless and using the daily closing chart, the stock has stayed above the pivotal $6 level 80% of the time over the past 9 weeks, having generated 40 closes above the line and 10 closes below the line during the past 50 trading sessions, suggesting that a positive bias exists on the daily closing chart. The daily closing chart suggests that a daily close below 5.43 or above 6.29 will determine direction. By the same token, with the stock being in an uptrend February, the probabilities favor the bulls.

SINA generated a sell signal this past week, having closed below both the 5-week low weekly close at 75.12 and below the 5-week low daily close at 73.96. The stock closed near the low of the week and further downside below last week's low at 72.42 is expected to be seen. By the same token, the 72.42 low also represents a double low when using the 72.76 low seen on September 12th, meaning that it will not be easy for the bears to break that support, especially considering that the stock bounced up to 78.22 right after the 72.42 low was made. On a negative note though, the stock is showing a bearish inverted flag formation with the flagpole being the drop from 85.24 to 72.42 and the flag the trading range up to 79.30. A break below 72.42 would offer an objective of 66.48. Resistance is found at 76.67, at 78.22 and at 79.30 and support at 72.76, at 72.42, at 72.20 and at 69.29. Probabilities favor the bears.