ARNA has now had 2 inside weeks in a row, suggesting the stock is looking for direction from the index market. The stock did close near the highs of the week, suggesting further upside above last week's high at 41.44 will be seen this week. Nonetheless, the bulls need to get above the high at 42.93 that was made 3 weeks ago in order to see higher prices, with either a 44.50 or more like a 45.85 objective. By the same token, if the bulls fail to take out the 42.93 level this week, a drop down to the 36.80 will likely occur within the next couple of weeks. One other key is the 200-day MA (currently at 40.90) that the bulls have failed to break convincingly during the last 8 days. If the bulls are unable to break that level on Monday, given that the agreement between Xi and Trump should give some new bull ammunition to the indexes, then new selling is likely to be seen. Probabilities though, favor the bulls this week.

CCJ generated another close near the 22-month high weekly close made 10 weeks ago at 12.08. For the past 4 weeks, the stock has generated weekly closes at 11.97, at 11.92, at 11.66 and last week at 11.88 and has managed to stay above the 200-week MA for that period of time, suggesting the traders are waiting for some catalyst to give them the final push up. Now that the indexes seem to have a slight bias to the upside, the bulls should be able to generate a breakout this week. Intraweek resistance will be found at the 22-month high at 12.78 and then at the 31-month high at 13.36. On a weekly closing basis, any convincing close above 13.34 will open the door for rallies up to as high as the $20 level. The 12.98-13.34 weekly closing level represents a major low seen in November 2008 and two successful retests of that level seen in March 2016 and again in January 2017. A weekly close above that area will mean that the 11-year long-term downtrend is over and that would suggest a strong short-covering rally should occur. Intraweek support is now found at 11.25 that if broken would delay the upside. Probabilities strongly favor the bulls this week.

CLB generated an inside week but a green close on the highs of the week, suggesting further upside above last week's high at 83.67 will be seen this week. More importantly, the bears failed to generate any follow through to the downside off of the negative reversal week seen the previous week, suggesting that the selling interest is waning at these low price levels. Minor intraweek resistance is found at 86.72 and then stronger and likely pivotal at 88.04. Above that level, there is further resistance at 88.96. Long term chart suggests a short-term objective (December) of the $90 level. Support is now pivotal at 78.44. Probabilities favor the bulls.

CLF generated a positive reversal week, having made a new 4-month low and then closing in the green and near the highs of the week, suggesting further upside above last week's high at 9.49 will be seen this week. The positive reversal means that the previous week's close at 8.78 is now a successful retest of the original breakout level at 8.68 from which the stock in July and that took it to the 13.10 high. As such, it is possible the stock is now ready to resume the uptrend. Nonetheless, upside objective for this month is not likely to be higher than the $10 level. Pivotal intraweek support is now found at 8.43. There is no other close by support on the daily chart, meaning that the stock could still see volatility this month and some red. On the intraday chart support is found at 9.06 and at 8.67. Probabilities now favor the bulls but backing and filling is likely to be seen.

CRON once again generated a green weekly close (the 5th in a row), suggesting that the selling interest that was seen in October has ended. The stock closed on the highs of the week and further upside above last week's high at 9.22 is expected to be seen. Minor resistance is found at 9.59 and then decent at the $10 demilitarized zone with 10.39 being a resistance that is unlikely to be broken in December. Pivotal support is now found at 7.52. The stock has now stayed above the 200-day MA, currently at 7.94, for the past 19 trading days, strongly suggesting that the bulls now have the edge. The stock has traded during the past 4 weeks in a $1.50 trading range, meaning that for December it is likely the stock will trade in the same manner and between 8.50-8.70 and 10.00-10.30. Probabilities favor the bulls.

ENG continues to trade with no direction. This was the 6th week in a row that the stock has traded in a narrow $.15 cent trading range between .80 and .95. Support is decent and pivotal at .80. Resistance is decent and pivotal .95. Probabilities slightly favor the bears but this is a stock that at these prices is not likely to go lower.

FSLR made a new 6-week weekly closing high but closed slightly in the upper half of the week's trading range, suggesting a higher possibility of going above last week's high at 46.09 than below last week's low at 43.04. Resistance is found at 46.09, meaning that if the stock does go below last week's low that a double high will be in place. Nonetheless, if the stock goes above last week's high, there is no resistance until 48.00 is reached. Intraweek support is found at 41.49 that if broken would suggest further downside to at least the $40 would occur. Nonetheless, the bulls have had the edge recently and with the probability that the indexes will go higher this week, the probabilities favor the stock doing the same. Upside objective has been the $50 level before any drop back occurs and given that the resistance at 48.00 is minor, it is likely that before the end of the year that the $50 level will be seen.

MCIG generated an inside week but did close near the lows of the week, suggesting further downside below last week's low at .20 will be seen this week. The stock has been down to the .20 cent 3 weeks in a row, meaning that the probabilities are high that level will be broken. There is support at .1925, which is the likely downside objective before some new buying interest is seen. Upside objective for the short term is .245. As such, probabilities favor the stock trading within that $.05 trading range for the month of December.

LVS bears failed to follow through to the downside after the previous week's new 28-month low and close near the lows of the week, to rally above the previous week's high and close in the green and near the highs of the week, suggesting further upside above last week's high at 55.37 will be seen this week. The reason for the turn-around was a report that gambling was up in Macao (rather than down as anticipated).There is no resistance above until the 57.89/58.09 level is reached. That level is pivotal given that the 200-week MA is currently at 57.68 and above that level there is no resistance until the $60 level is reached and the resistance there is minor. Support is found at 50.82, at 49.28 and pivotal at 48.64. The bulls need to keep the momentum to the upside going at least until the resistance above is reached given that there is no established support nearby below. Probabilities favor the bulls.

SCCO generated an inside week but with a green weekly close in the upper half of the week's trading range, suggesting further upside above last week's high at 34.29 will be seen this week. The bears failed to follow through off of the previous week's 2-year low and close near the lows of the week, suggesting that the down move was overdone. The objective of this mini rally is likely to be to retest the 200-week MA, currently at 35.25, which was the break that took the stock all the way down to 31.19 and the negation of all the rally seen the past 2 years. Original stop loss was at 35.49 and for now, the plan is to liquidate the stock on any rally above 35.00. Probabilities favor the bulls this week but the chart has changed and new and positive fundamental news needs to come out to negate the negatives that have occurred over the past 3 weeks.

SLCA generated a negative week and a close in the lower half of the week's trading range, suggesting further downside below last week's low at 13.54 will be seen this week. Nonetheless, the stock generated a weekly close at 14.19 and the previous low weekly close was at 14.21, meaning that if a green weekly close occurs next Friday, that a double bottom on the weekly chart will occur, exactly like the double bottom that is presently in place on the intraweek chart at 12.89/12.97. If this scenario occurs, it will be a "double whammy" with double bottoms on both the intraweek and weekly closing chart. Such a scenario would suggest a strong short-covering rally could occur with 22.61 as the upside objective. Probabilities favor the bulls even though there might be some intraweek weakness seen early in the week. Pivotal intraweek resistance is found at 15.61 and pivotal support is found at 12.89.