AAPL generated a failure signal against the bears, having closed above the previous low weekly close at 137.59, as well as breaking a minor weekly close resistance at 139.07 (closed at 141.66). The stock closed on the high of the week and further upside above last week's high at 141.91 is expected to be seen this week. Intraweek resistance is found at 145.09 and then nothing until the $150 level. Then again, the stock gapped up on Friday from 138.59 and the gap is not supported by news (should be closed) and there is no established intraweek support until 132.09. As such, the chart direction is totally unclear at this time, other than the levels in play (145.09 and 138.59). Whichever gets broken (or closed) is likely to determine what the stock will do.

AU made a new 9-month intraweek and weekly closing low and closed in the lower half of the week's trading range, suggesting further downside below last week's low at 15.09 will be seen this week. Nonetheless, the stock is now at the next (and somewhat decent) weekly close support level at 14.78 and with Gold looking more positive than negative, the chances of this area holding up and generating a recovery rally are high. In addition, the stock generated a green daily close on Friday, meaning that further upside above Friday's high at 15.80 is expected to be seen on Monday. A daily close above 16.27 will start giving the bulls some ammunition. Pivotal resistance on that same chart is found at 18.22, which if broken would suggest a rally back up to the $20 demilitarized zone. For the time being though, that is probably the most that can be achieved without some tangible fundamental change in favor of the bulls.

CAT generated a break of pivotal weekly close support at 187.06, having closed on Friday at 185.49. The stock closed in the lower half of the week's trading range, suggesting further downside below last week's low at 176.02 will be seen this week. Nonetheless and using the daily chart, the stock does now show a failure signal against the bears, having broken the 17-month low daily close at 180.63 on Thursday (closed at 178.67) and then negating the break on Friday with a close at 185.49. This means the daily and weekly chart are not in unison and therefore nothing is clear on the charts at this time. The stock should go above Friday's high at 185.60 on Monday and the only close by intraweek resistance is found at 188.77 and it is a very minor one. As such, the chart is not clear at this time as to what will happen this week. Traders will look to the indexes for direction.

ENG did not see any follow through to the downside as was expected and ended up with an inside week but with a close on the high of the week, suggesting further upside above 1.08 is expected to be seen this week. On an additional positive point, the stock solidified the daily close support at .94 cents that now makes it a decent and pivotal support from which the bulls can buy against with a fair amount of confidence. The next pivotal resistance (but somewhat more psychological than meaningful) is at 1.14. A close above that level will give some additional ammunition to the bulls for an attempt to break the truly pivotal resistance at 1.39 (1.37 on a daily closing basis). Daily close support should now be found at 1.04. Probabilities slightly favor the bulls.

FIX bulls were able to generate a clear failure signal against the bears, having closed on Friday at 83.02 and above the daily closing low support at 81.68 that when broken caused the stock to drop down to 74.14. A failure signal was also given on the weekly closing chart but it was more technical than tangible as the weekly closing level that got broken was as 82.47, meaning that if a red close next Friday occurs and is below 82.47, the 83.02 close will be seen as a successful retest of the break. The chart shows decent daily close resistance between 86.46 and 86.59 that the bulls need to break in order to continue higher. If that level is not broken, there is basically open air below to 80.00 and if that is broken, down to 77.31. Like with the indexes and many other held-short stocks, the chart is not clear and therefore Monday's action is likely to help decide the direction for the week.

IDCC generated an inside week but did close near the high of the week, suggesting further upside above last week's high at 64.06 will be seen this week. Of all the held short stocks, this stock continues to show the best chart for a recovery, given that no pivotal support levels have been broken. By the same token, it is the clearest chart of all regarding the resistance above. The 200-week MA is currently at 63.88 and given the stock closed at 63.57 on Friday, there is little to be done by the bulls to accomplish generating a positive sign. In fact and on a daily closing basis, a daily close above 64.15 would give the bulls new ammunition for a rally up to the 200-day MA, currently at 66.16, and a daily close above 66.84 would be a breakout of note. On the opposite side, a daily close below 61.28 would weaken the chart and a close below 60.15 would be bearish-of-note.

NEM had an uneventful inside week but the stock did generate a green weekly close and did close in the upper half of the week's trading (barely in each case) suggesting a slightly higher probability of going above last week's high at 66.24 than below last week's low at 61.88. In addition and in keeping with an uneventful close, the stock closed on the 200-day MA, currently at 64.21, meaning that like with most everything else, direction this week is a "flip of a coin". The means that a rally above or a drop below last week's trading range will likely be indicative. On a pivotal nature, the bears do need to break the previous week's low at 61.30 to generate an indicative action.

PLNHF made yet another new 24-month intraweek and weekly closing low and closed on the low of the week, suggesting further downside below last week's low at 1.25 will be seen this week. This means that there is now open air below for a drop down to the $1 level, which in turn puts the stock in a chart hole that requires positive fundamental news to overcome. The stock has now fallen 86% in value in the last 16 months and yet there have been NO negative fundamental changes occurring. It has been downside momentum in the Cannabis industry (no specific negatives to the company itself). It has been expected that this year this industry will turn around and start an uptrend but when that is to happen, is presently an unknown.

PRTS generated a new buy signal on the weekly closing chart, having made a new 19-week weekly closing high and more importantly, a convincing close above the 200-week MA, currently at 7.80, having closed on Friday at 8.30. The stock closed in the upper half of the week's trading range and further upside above last week's high at 8.54 is expected to be seen this week. Intraweek resistance is found at 8.67 and again at 9.00, which means the bulls still have more to do before getting full control. Nonetheless and in looking at the weekly closing chart, there is no resistance of consequence until the 9.70 level is reached. On the daily closing chart, there is still resistance at 8.43, at 8.78 and at 9.63. The probabilities do favor the bulls but the climb up will not be fast. Pivotal daily close support remains down at 6.95.

VNET generated a new 10-week weekly closing high and did close near the high of the week, suggesting further upside above last week's high at 6.62 will be seen this week. Intraweek resistance remains copious between 6.63 and 6.92, meaning that further upside will remain laborious but if the bulls can get above 6.92, there is mostly open air to 7.94 and if that level gets broken, the $10 level would then be the objective. Support remains at 5.23. This week's rally does give the edge to the bulls and something negative needs to happen in order for the gains to be negated. Probabilities favor the bulls.