AAPL generated another red weekly close (3rd in a row) and closed on the low of the week, suggesting further downside below last week's low at 165.04 will be seen this week. The stock had begun to generate a recovery, having rallied 3.3% from Monday's low to Thursday's high but the bulls were unable to produce any further upside and the stock generated a negative reversal day on Thursday, having made a new 4-day high and reversing to make a new 17-day low. The action is strongly bearish for the short term, especially considering that there is no support on the daily and weekly chart until the 154.70 level is reached. There is "some" minor support on the 60-minute intraday chart at 161.97 but even on that chart, if that level is broken, there is open air until 154.70 reached. To the upside, the 171.04 level is now short-term pivotal resistance.

AU had another uneventful week, having traded inside the previous weeks' trading range and closing just $.01 cents above the previous week's close. Nonetheless, the uneventful action that has been seen the past 5 weeks is worrisome, given that during that same period of time, Gold has rallied $45 in value. Having said that though, the chart maintains a positive outlook that suggests a higher probability of a rally than a drop in price. Short-term pivotal intraweek resistance is found at 24.41 and the same as far as support at 22.48. A break of either of those levels would suggest that a $2.50-$3 move will occur in whatever direction is broken. Probabilities do favor the bulls.

ENG generated a positive reversal week, having made a new 7-week intraweek low but then closing green and in the upper half of the week's trading range, suggesting further upside above last week's high at 1.23 will be seen this week. Nonetheless, no resistance levels were broken or even close to be reached, meaning that the week was more of a "pause" in the selling interest than anything else. On a daily closing basis, there are 2 levels to watch for clues as to what is to happen short-term. A daily close above 1.25 would generate a failure signal against the bears that would give the bulls some new ammunition, while a close below 1.06 would do the exact opposite. Neither side has an advantage this week.

NEM continued its strong uptrend, having made a new all-time intraweek and weekly closing high and closing near the high of the week, suggesting further upside above last week's high at 85.29 will be seen this week. The company has been outperforming Gold and all other Gold stocks and with Gold also leaning to the upside this week, the probabilities favor the bulls for more upside. As far as intraweek support is concerned, there is some new intraweek support at 81.56, which if broken would suggest the rally is pausing. There is a bit more short-term pivotal support at 79.16 that if broken would suggest a small correction is occurring and that a top to this rally has been found, for at least a few weeks. Otherwise, the bulls remain in full control.

PLNHF made a new 3-week intraweek and weekly closing low but the stock rallied enough to close slightly in the upper half of the week's trading range, suggesting a slightly higher probability of going above last week's high at 2.46 than below last week's low at 2.10. If that does occur, it will mean that the 1.88 low has gotten the needed/required retest of that low and that should bring in new buying interest. For the time being though, the stock does not seem to be in a position to do anything of note, meaning that for the next couple of weeks, it is likely to trade sideways with perhaps a slight bias to the upside. The 2.94 level and the 1.88 level are pivotal for the midterm outlook. Whichever of those get broken will determine the outlook for at least the next 3 months. Probabilities slightly favor the bulls this week.

PRTS did follow through to the upside this past week after the previous week's positive reversal week. Nonetheless, the bulls were only able to get back up to the 200-week MA (currently at 7.50) having gone up to 7.59 and then turning around to close red and near the low of the week, suggesting further downside below last week's low at 6.90 will be seen this week. As such, the bears remain with the edge as the chart shows that nothing has been decided, as to the short term of the stock. It is evident that the bulls are trying to build a bottom but that more successful building is required before a stronger attempt to generate a mini breakout can occur. Some intraweek support is found at 6.82 and at 6.60 that needs to hold up this week, given that a break of the 6.49 level would give a new edge to the bears. On the opposite side, last week's high at 7.59 is now short-term pivotal resistance, which if broken, would suggest that a bottom has been built. Probabilities favor another week of backing and filling with 6.82 as the downside target and 7.50 as the upside target.

RBLX continued to go lower as the stock generated the 4th red weekly close in a row and once again closed in the lower half of the week's trading range, suggesting further downside below last week's low at 40.86 is expected to be seen. Nonetheless, the stock did generate a 14.5% rally from the low of the week (before turning around to generate a red weekly close), suggesting that there is some buying interest in this area. On the mention given last week, the desired entry point into the trade was the $40 demilitarized zone, and that is likely to be the area that the stock will drop down to this week before new buying is seen. As such, you can add positions there or liquidate on Monday the positions bought this week at 41.92 for a small profit and buy them back around the $40 level. Otherwise, everything that was stated in the mention last week remains the same. Nonetheless, last week's high at 46.79 is now the new pivot point resistance.

VET generated a positive reversal week, having gone below the previous week's low and then closing green and near the high of the week, suggesting further upside above last week's high at 22.01 will be seen this week. The stock has now made known that the 20.00 area is now support, having made a low 4 weeks ago at 20.00, the previous week at 20.03 and last week at 20.01. With the stock in a clear uptrend and the past 5 weeks in a correction, it now seems likely that the bulls will attempt to resume the uptrend. Short-term pivotal resistance is found at 22.95. With Oil presently on a rally, the bulls have a chance to breakout this week.

ZLAB generated a positive reversal week, having gone below the previous week's low and then closing green and near the high of the week, suggesting further upside above last week's high at 45.19 will be seen this week. If that does occur, last week's low at 40.96 will become the required/needed retest of the 25.74 low made 5 weeks ago. One additional positive is that the established intraweek support that needed to hold up for the bulls to get their edge back sooner (rather than later) was at 39.75 and yet the bears failed to get the stock down to that level, suggesting that there is more buying interest being shown than expected. Pivotal resistance that will confirm that the retest of the low has occurred is at 50.05. A break of that level will likely generated the beginning of a short-covering rally of note. Support is now found at 40.96 and still at 39.75. Probabilities favor the bulls.