AMC generated a new 7-week high but then fell back to close slightly in the lower half of the week's trading range, suggesting a slightly higher probability of going below last week's low at 34.40 than above last week's high at 48.30. The fact that the stock fell back so much after such a rally suggests last week's high might be a spike high, meaning that if it is, no further upside will be seen above that level until some additional positive fundamental news is released. As it is, the original objective of the mention was the 43.09 level and that objective was not only reached but surpassed, meaning that if the stock rallies this week, consideration should be given to taking profits. The stock did generate a positive reversal day on Friday, meaning that the first course of business for the week is likely to be to the upside. Using the daily chart, a rally back up to 43.09 (and possibly as high up at 46.55) is likely to be seen this week. A fair amount of intraweek support is found between 38.76 and 39.71 that should not be broken unless the rally last week was manipulated (unlikely). Probabilities slightly favor the bulls but only for some limited upside.

AU generated a new 3-week intraweek and weekly closing high and closed on the high of the week, suggesting further upside above last week's high at 16.91 will be seen this week. The upside target is the 200-week MA, currently at 17.29. Nonetheless, keep in mind that the resistance at that level is only for a weekly close, meaning that further upside intraweek could be seen. On an intraweek basis, there is no resistance above until the 1800-18.33 level is reached and that is minor resistance from a previous low daily close. With Gold having a pivotal level to watch this week at $1835, which if broken would suggest further upside of consequence is likely to be seen, watching what Gold does is important. The stock does have a runaway gap at 19.16 that if closed, would change the chart outlook. For now though, the probabilities do not favor the bulls getting much accomplished other than a rally up to the 17.29-18.33 level. Consideration should be given to liquidate part (or all) of the positions held and take the loss. Intraweek support is now found at 15.85 that if broken, would give back the short-term edge to the bears.

BTZI generated a disappointing week as the bulls were unable to follow through to the upside after the previous week's mini breakout and close on the high of the week, having closed red and on the low of the week, suggesting further downside below last week's low at .062 will be seen this week. By the same token, the bears were not able to generate any kind of a sell signal as a weekly close below .065 was needed and the stock closed at .066 on Friday. On a daily closing basis, a close below .058 on any day this week would be a negative. On the other side of the coin, a daily close above .078 would be a breakout. Probabilities favor another week of trading within this range. The chart suggests dependable support has been built but it also suggests the bulls do not yet have enough strength to generate a breakout. By the same token, if anything does happen, it will likely favor the bulls.

CNX generated an uneventful inside week but did close green and in the upper half of the week's trading range, suggesting further upside above last week's high at 11.39 will seen this week. This was the first green close after 6 red weekly closes in a row, which does suggest that the bears may have run out of ammunition. As such, the bulls are likely to test the 200-week MA, currently at 11.75, this week. Indicative and minor to perhaps decent intraweek resistance is found between 11.89 and 12.27, meaning there is a high probability of that area being seen this week. A break above 12.27 would suggest the correction is over. On a daily closing basis, there is short-term indicative resistance at 11.50. Probabilities are high that level will be seen this week but whether it will get broken or not, is not something that cannot be determined right now. A close above that level would give the bulls a very slight edge for more upside. Short-term intraweek pivotal support is now found at 10.64. Probabilities favor the bulls this week.

CRON generated an uneventful inside week but did close green and in the upper half of the week's trading range, suggesting further upside above last week's high at 6.62 will be seen this week. There is open air above until the 7.15-7.20 level is reached. The probabilities are high that level will be seen. Nonetheless, a rally up to the level will keep the bears with the overall edge. Nonetheless, any daily or weekly close above that level, will be indicative that the correction/downtrend is over and that some recovery of consequence is likely to ensue. On a daily closing basis, the 6.07-6.17 level is pivotal support. A close below that level would be bearish. Probabilities favor the bulls this week but only for the upside objective mentioned.

ENG had a positive week given that failure signals against the bears were given on both the daily and weekly closing charts. On both charts, the 2.04 level had been previous support that got broken 3 weeks ago and those breaks have now been negated with Friday's close at 2.17. The stock closed on the high of the week, suggesting further upside above last week's high at 2.19 will be seen this week. By the same token, the bulls did not generate any kind of a buy signal yet and for that to happen, both a daily and weekly close above 2.38 must occur. If that does happen, a short-term uptrend will be in the making with the 2.88 level being the next (and important as well as midterm pivotal) level that would need to be broken for the correction to be totally over and the bulls back in control, at least for the midterm. The 1.98 level is now once again pivotal intraweek support. Probabilities favor the bulls.

MRGE continued lower and did break on an intraweek basis the well-established support level at .10 (got down to .095). Nonetheless, the bears were unable to follow through on the break and the stock ended up the week at .12 and in the upper half of the week's trading range, opening the door for some rally to be seen from here on in. Every intraweek high seen since March (a total of 17) has been lower than the previous one, meaning that the most recent intraweek high at .145 is indicative and pivotal. Evidently, last week's low at .095 is just as pivotal for the bears. Due to the level of support reached, I would say that the probabilities now favor the bulls.

NEM generated an uneventful inside week but did close green and on the high of the week, suggesting further upside above last week's high at 58.25 will be seen this week. The green weekly close did make the previous week's close at 56.35 into a successful retest of the two previous low weekly closes seen in the past 4 months at 54.38 and 54.76, which also means a clear support area has now been built that will likely require negative fundamentals to break. A small buy signal was given on Friday when the stock closed above the previous most recent high daily close at 57.78. Such a buy signal (though minor in nature) had not occurred for the previous 6 weeks, and had occurred only once before since May. The next level of weekly close resistance that the bulls must break in order to get some new traction is at 60.11. A weekly close above that level would be a short-term bull statement. On a daily closing basis, the bulls need a close above 62.82 to generate the same kind of statement. Pivotal intraweek support is found at 56.15. Probabilities favor the bulls for a rally this week but a bull statement is not likely to happen yet.

PGEN generated an uneventful inside week but did close green on Friday and on the high of the week, suggesting further upside above last week's high at 6.13 will be seen this week. Pivotal intraweek resistance is found at 6.29 that if broken, that a rally up to at least the 6.96-7.28 level would occur. The chart has now built decent intraweek support at 5.04 and that support has now been successfully retested 4 times, suggesting it is now dependable support that now favors a breakout occurring. Intraweek chart suggests that a rally up to at least 6.65 and possibly as high as 6.90 is to occur this week. Any weekly close next Friday above 6.20 would be a decent positive. Intraweek support is now found at 5.56 that should not be broken unless this rally fails. Probabilities favor the bulls.

SNDL generated a green weekly close and on the high of the week, suggesting further upside above last week's high at .7887 will be seen this week. There is daily close resistance at .78 that if broken, would generate a failure signal against the bears. If that does occur, it would suggest that a bottom to this recent downtrend has been found. Further short-term pivotal resistance above that level is found at .08889 and then midterm pivotal resistance is found at .95, which if broken would be a bull statement. Pivotal daily close support is found at the previous week's low at .687. Like with a lot of the other held stocks, it seems that this week will be a positive week but still not yet indicative.

SRUTF failed to follow through off of the previous week's green close and near the high of the week, having generated this past week a lower high and a red close. Nonetheless, the bulls were able to keep the stock above the weekly close support at .038, having closed at .0388 on Friday, suggesting the week was not indicative. One thing that did happen this past week is that based on a daily closing basis, the short-term parameters are clearly set with pivotal support at .0353 and short-term pivotal resistance at .0414. Whichever gets broken this week, will generate follow through in that direction.

ZLAB generated a green weekly close, making the previous week's close at 134.17 a successful retest of the pivotal weekly close support at 128.42. Nonetheless and in spite of the green weekly close, the stock closed near the low of the week and further downside below last week's low at 134.43 is expected to be seen this week. Pivotal intraweek support is found at 125.71. If the stock does go below last week's low (probable) but does not break below 125.71 and then turns around back to the upside, it will be a second successful retest of the 110.73 low seen 5 weeks ago. It is important to note that with last week's high at 147.93, the 200-day MA, currently at 148.88 was tested successfully, meaning that the bears presently have the edge. Evidently, a close above the MA line from here on in, would suggest the correction is totally over and that the bulls have regained control. For now though, the bulls are on a defensive posture that could (should) be further clarified this week. Any rally from here on in above 155.77 would give the bulls back full control. Probabilities slightly favor the bulls this week for another green weekly close next Friday.