AG generated an inside week but a green weekly close and near the high of the week, suggesting further upside above last week's high at 17.71 will be seen this week. The failure of the bears to take the stock lower in spite of the big negative reversal seen the past week, suggests that the reasons for the rally (Silver making new multi-year highs) remains viable. Nonetheless, this coming week is pivotal given that on the weekly closing chart, there is a double top at 18.10/18.12 and if that double top is confirmed with a red weekly close next Friday, especially if below last week's close at 16.50, the stock will likely drop all the way down to the 13.40, from which the recent breakout occurred. By the same token and on an intraweek basis, there is no resistance above until the 19.15/19.29 level is reached. As such, it is expected the stock will rally up to (or close to) the $19 level. If 19.29 is broken, the stock is likely to continue higher. If not broken and selling starts to be seen, consideration should be given to taking profits and then see where the stock closes on Friday. If below 16.50, no purchases should be made again until the stock gets below $14. Probabilities slightly favor the bulls this week.

AU generated a new 3-month weekly closing high and closed in the upper half of the week's trading range, suggesting further upside above last week's high at 24.67 will be seen this week. The action seen this week in the stock seems indicative, given that Gold has been under sell pressure the past few months. The upside objective for this week is the next resistance level above at 25.75, which is decent and pivotal resistance. If broken, and especially if a daily close above the 200-day MA, currently at 26.21, occurs, the bulls will gain back full short-term control. Pivotal support is now found at 21.94. Probabilities favor the bulls.

BTZI made a new 21-month intraweek and weekly closing high and closed near the high of the week, suggesting further upside above last week's high at .098 will be seen this week. On an intraweek basis, there is no resistance above until .1445 is reached but that resistance is minor. The 200-week MA is currently at .16 and that is now a valid upside objective given the breakout that has occurred after a 16-month period of successful bottom building between the .025 and .0545 area. In addition, this is a company that is now likely to get some benefits from the Cannabis industry having broken out but also because they have increased their area of expertise to robotics when MCIG became BOTS Inc., which is certainly an industry for future growth. Weekly close support will now be found between .066 and .073, which should no longer be broken if this breakout is for real (likely to be). The stock appreciated 70% in value this past week and there is no resistance above until the .16 level is reached, meaning it could appreciate an additional 72% above Friday's close. Probabilities favor the bulls.

CAT made a new weekly closing high on Friday but the bulls were unable to do the same on an intraweek basis, having made a high last week at 199.71 but the all-time high made 5 weeks ago was 120.17. The stock did close in the upper half of the week's trading range, suggesting further upside above last week's high will be seen this week. There is one small negative that may be indicative and that is the fact that the stock gapped up this week between 194.33 and 194.39 and that gap is a magnet for closure. In addition, the $200 area must be considered decent psychological resistance, meaning that with the indexes just looking to "inch" higher that the bulls might fail here. Stop loss remains at 120.35. There is no support below until 194.39 is reached and if broken, there is no support below until minor support at 190.01 and then stronger and midterm pivotal at 179.34. Probabilities do favor the bulls but much is likely to be decided on Monday.

CNX generated a positive reversal week, having made a new 2-week low but then closing green and near the high of the week, suggesting further upside above last week's high at 13.40 will be seen. This past week is likely to be important as the stock had not generated a lower low than the previous week for the previous 5 weeks and now that it has, if the stock does go above last week's high, last week's low at 12.23 will become a successful retest of the intraweek suppor as well as of the 200-week MA. This positive reversal week should give the bulls enough ammunition to test and likely break the double top on the intraweek chart at 14.19/14.09 and if that occurs, the $17 level will become the objective. If the stock gets above 13.40 this week, the 12.23 level will become short-term pivotal support. Probabilities favor the bulls.

FNV generated a 2nd green weekly close in a row but the stock closed near the low of the week, suggesting further downside below last week's low at 120.69 will be seen this week. Nonetheless, that is not a bad thing, if and when the previous week's low at `117.66 is not broken. A retest of that multi-month low has to occur before the bulls climb aboard again and a drop below last week's low will accomplish that, if and when next week the stock goes above whatever high is seen this week. Pivotal resistance is now found at 125.36 that if broken after a successful retest of the low occurs, will generate strong buying for at least a rally up to the $130 level. Evidently, a break below 117.66 would be a strong negative. Probabilities favor the bulls after a drop below last week's low occurs.

FPRX generated a new 13-week intraweek high this past week and gave a new buy signal on the daily closing chart. Nonetheless, the "new" buy signal was negated on Friday when the stock closed below the previous high daily close broken on Wednesday at 20.12. The stock did close on the low of the week, suggesting further downside below last week's low at 19.35 will be seen this week. The chart reality is that the stock had moved straight up for 4 weeks in a row without any retest of the 10.week low at 13.63 occurring and if the stock does go below last week's low this week and then turns around the following week, this week's low will become that needed and required retest of the 13.63 low. As it is, the stock had rallied 65% in value over the past 5 weeks, meaning a bit of a drawback was likely to be seen. The chart does show some intraweek support at 1859 that could easily be the downside target for this week. Intraweek resistance is found at 20.98 and pivotal at 21.43. Probabilities slightly favor the bears at the beginning of the week but the bulls for the latter part of the week.

NEM generated an inside week but a red weekly close and in the lower half of the week's trading range, suggesting a higher probability of going below last week's low at 57.55 than above last week's high at 60.93. Nonetheless on Friday, the stock generated a positive reversal day on the daily chart and if the stock goes above Friday's high at 59.24, it will make Friday's low at 57.55 into a successful retest of the 3-month low at 55.60 and that will bring in new buying. If last week's high is broken, no further downside is likely to be seen and a rally back up to the 200-day MA, currently at 62.40, would likely occur. The stock has now seen 5 red weekly closes in a row and that has not happened since September 2018 and given that the stock is still in a longer term bull trend, probabilities highly favor a green weekly close next Friday. Evidently, a drop below 55.55 would be a negative. Probabilities favor the bulls.

PFE generated an inside week and a red weekly close but did close in the upper half of the week's trading range, suggesting further upside above last week's high at 35.08 will be seen this week. If that occurs, the recent sell pressure will be relieved. The bears had a chance to make a further statement when on Thursday, the stock got to within 1 point of the previous weeks low. Nonetheless, the bears failed and on Friday, the stock generated a rally above Thursday's high and closed green, meaning that on the daily chart there is now a double low in place. If the stock goes above last week's high, that double low will be confirmed and a rally back up to at least the 200-day MA, currently at 35.55 will likely be seen. This is not yet a solution to the recent sell pressure but it is a start. Probabilities favor the bulls this week.

QQQ continued the uptrend, having made a new intraweek and weekly closing high. The stock closed near the high of the week and further upside above last week's high at 336.62 is expected to be seen. The stock has left an open gap at 323.54 that should be a magnet should the momentum slow down or stop. Nonetheless, at this moment there is no reason to think the momentum will stop. Probabilities favor the bulls.

SRUTF generated a new 5-month intraweek and weekly closing high and closed near the high of the week, suggesting further upside above $.06 cents will be seen this week. The stock does have pivotal weekly close resistance at .0585, meaning that if the stock does go above last week's high and the bulls are able to maintain that rally to close above that level, a breakout of consequence will occur as that is the 10-month high in a "rounded bottom" formation (strongest chart support pattern in existence). Above $.06 there is absolutely no weekly close resistance until the .14.8 level (minor) is reached. Above that level, there is further resistance .17.56 (slightly better than minor) and then decent and strongly pivotal resistance at .1998. The stock broke above the 200-day MA, currently at .045, on Monday and stayed above the line all week, meaning a break of that line is now confirmed, which in turn means it is now support of consequence on a daily closing basis. On an intraweek basis, there is resistance at .08 and then again at .09, one of both of those likely being the objectives for this week. Probabilities favor the bulls.

W has basically stalled awaiting news. For the past 8 trading days, the stock has traded sideways between 277.43 and 304.50, with both of those areas having been seen twice during this period of time. The traders await more clarification from the indexes or from the earnings report due out February 25. The stock did close in the upper half of the week's trading range, suggesting further upside above last week's high at 304.50 is expected to be seen. Nonetheless, unless the bulls can get above 324.21, the stock will likely to continue to trade sideways until the earnings report comes out. The chart also suggests that at some point between now and the earnings report, a drop below 277.43 will occur, with a likely move down to 271.60. For this week, probabilities slightly favor the bulls but it is also likely that both red and green will be seen repeatedly.