AU generated a negative reversal week, having made a new 9-month intraweek high but then closing red and in the lower half of the week's trading range, suggesting further downside below last week's low at 21.55 will be seen this week. Nonetheless and in looking at the weekly closing chart, this red close is not likely to be anything more than retest of the recent weekly close breakout at 20.98, before resuming the midterm uptrend that offers a 23.75 upside objective using the weekly closing chart. Pivotal daily close support is found at 21.11. A confirmed close below that level would be a negative. Probabilities favor the stock trading between 21.00 and 24.00 for the next 2.5 weeks.

BTZI generated a new 10-week intraweek low at .0202 but the bulls were able to keep above the short-term pivotal support at .02. The bulls were able to still close above the weekly close support at .0259, having closed at .0264 on Friday. Probabilities do favor a green weekly close next Friday but like with everything else, little is expected to happen until after the market makes overall decisions after the Fed rate decision on March 16th. The .03 and .04 levels on a daily closing basis are now resistance. A close above .04 would take the short term edge away from the bears.

CALM continues moving higher and has no daily or weekly close resistance until the 45.00-45.66 area is reached. For a short-term trader of the stock, consideration to taking profits at the level should be given, as a drop back down to the $42 level should occur before higher prices are made. Nonetheless, overall the longer term upside objective of this mention is the $50 level, meaning that there is still more profit available if a decision to keep the positions is made. Any confirmed daily close below 41.89 would now be a negative sign.

DDD made a new 4-week low but then turned around to close on the high of the week, suggesting further upside above last week's high at 17.83 will be seen this week. If that does occur, it will mean last week's low at 15.38 will become a successful retest of the 15.33 low seen 5 weeks ago, as well as a 2nd successful retest of the 200-week MA, currently at 15.25. If all of that occurs and the bulls are able to break above the recent high at 19.63, the bulls will make a short-term statement that should carry to stock up to at least the $25 level. Pivotal support is now found at 15.33/15.38. Probabilities favor the bulls.

ENG bulls made a bit of a statement this past week, having rallied 39% from the previous week's close and closing 24% higher on Friday. A move of over 20% on a closing basis is a sign that the trend has changed. The bulls did try to accomplish more by closing on Friday above 1.28, which would have generated a failure signal against the bears but they fell short, having closed at 1.24. Nonetheless, the stock did close in the upper half of the week's trading range and further upside above last week's high at 1.39 is expected to be seen this week. There is no intraweek resistance until 1.55 is reached, meaning that another 20% rally could be seen. The 200-week MA is currently at 1.60 and any close above that level would be a major reason for a strong short-covering rally. This stock is famous for such rallies, having generated 5 of them in the last 12 years, least of which caused the stock to appreciate 260% in value. One other thing of consequence to mention. The stock was in a major and consistent downtrend for 11 years (from 2009 to 2020) when that downtrend was broken. The trend line of that downtrend is at the $1.00 level. The breakout seen this week, if confirmed with another close above $1.00 next week, will suggest that the breakout has now been tested successfully and if that occurs, it could generate the beginning on a longer-term uptrend that would target the high seen 13-months ago at 9.40. To finish it off and likely what got "the ball rolling" is that the company got some positive fundamental news this past week that will likely strongly increase its income starting in 2024. Here is the link to the news: https://finance.yahoo.com/news/eng-selected-epc-provider-sustainable-140000368.html. I do believe this week was a sign of positive things to come.

FSLR generated a positive reversal week of consequence, given that it comes at a point in the chart that further downside on a weekly closing basis, would have damaged the chart considerably. The stock made a new 17-month intraweek low but then closed green and on the high of the week, suggesting further upside above last week's high at 70.73 will be seen this week. The green weekly close was the first in the last 16 weeks and given that the low weekly close during this period of time was the previous week close at 68.57, does suggest that the 200-week MA, currently at 67.03, has now been tested successfully. Minor but likely short-term pivotal daily close resistance is found at 72.10. A close above that level would open the door for much more, given that there is no intraweek resistance of any consequence until the 78.54 and a bit stronger at 81.67. Intraweek support should now be found at 67.39. Evidently, a break below last week's low at 61.24 would now be strongly negative. On an intraweek basis, there is an open gap at 75.90 that is likely to be targeted for closure this week.

NEM generated another green week and did close slightly in the upper half of the week's trading range, suggesting further upside above last week's high at 70.37 is more likely to be seen than below last week's low at 65.42. Nonetheless, the stock is at an intraweek area of resistance between 69.13 and 72.22 that will require a breakout in Gold in order to get above. Due to the fact that nothing of importance is likely to happen until March 16th (when the Fed announces the rate change), probabilities do favor a negative reversal week with a red weekly close on Friday. In fact, the stock is at a very decent daily close resistance area (between 68.14 and 69..20) and given the fact that it closed on Friday at 67.96, it could mean no closes above this area will happen this week. On a daily closing basis, support is found between 62.41 and 63.09. The chart suggests that for the next 2 weeks, the stock will trade between these levels. As such and as a trader, consideration can be given to taking short-term profits above 68.0 and repurchasing around 63.00.

PLNHF, on a daily or weekly closing basis, did not do anything of consequence this past week but on an intraweek basis, the stock did get down close to pivotal intraweek support at 2.35 with a drop down to 2.40. The stock closed near the high of the week and further upside above last week's high at 2.91 is expected to be seen this week. If that occurs, a successful retest of the 2.35 low will have occurred, giving the bulls some new ammunition. Nonetheless, for this building of a support base to be confirmed, the stock needs break above 3.39. If that occurs, a base will have been built and from which a rally up to the next intraweek level of resistance at 4.19 will likely be seen. Evidently, the 2.35 level of support is now pivotal and if broken, the positions should be liquidated.

SNDL generated another red weekly close but nothing was broken, meaning it was an uneventful week. The stock did close slightly in the upper half of the week's trading range, suggesting a higher probability of going above last week's high at .5598 than below last week's low at .46. If that does occur, a successful retest of the 15-month low at .40 will have occurred and new buying is likely to come in. Nonetheless, for all of that to be confirmed, the bulls need to get above the .6666 level in order to generate a recovery of consequence. The .40 level is now pivotal support.

SRUTF generated a green weekly close, meaning that the bears were unable to generate any further downside. The stock closed in the middle of the week's trading range, suggesting equal chance of going above last week's high at .0275 than below last week's low at .0198. This .02 area is important and so far it has held, suggesting that the bulls might be able to generate some further upside.

TRIP generated a red weekly close but nothing was broken, meaning that the stock is trading sideways for now. Nonetheless, the stock did close near the high of the week and further upside above last week's high at 27.86 is expected to be seen. If that does occur and a green weekly close occurs next Friday, the edge will slip back into the hands of the bulls, given that 3 successful retests of the multi-month low at 24.75 (made in in November) will have occurred. Pivotal weekly close resistance is found at 28.96 that if broken, would suggest the stock would target the next resistance level at 30.94.

ZLAB generated a negative week and a close slightly in the lower half of the week's trading range, suggesting a slightly higher chance of going below last week's low at 48.00 than above last week's high at 61.29. Nonetheless, this action was expected as the stock has been in a strong downtrend for the past 9 months and a retest of the recent low at 39.75 needed to be seen before any new buying of consequence occurred. This is especially true given that there is pivotal weekly close resistance at 60.53 and the stock closed last week at 59.33. The probabilities do favor a slightly lower low than last week but if that does not happen, it would not be unexpected as the stock has now gone below a previous week's low and any rally now above a previous week's high would generate the successful retest of the low that is needed. Keep in mind that under the present scenario of growth and of the Russian invasion, Chinese stocks are expected to outperform U.S. stocks and in this case of this stock (which has a strong fundamental picture to begin with), it would probably cause this stock to be one of the leaders to the upside. Any weekly close above 60.53 would be a tangible sign of short-term strength and recovery.