AU generated an indecisive inside week but did generate a green weekly close and near the high of the week, suggesting further upside above last week's high at 18.16 will be seen this week. The open gap up at 19.00 remains unclosed but will be a magnet this week for closure unless Gold breaks down (unlikely). The bulls need to generate a weekly close above 17.84 to generate a failure signal. It seemed that was going to happen on Friday but the bulls were unable to "get it done" and as such, the bears remain with the edge. On a small positive note and using the daily chart, the recent low at 15.87 now shows it to be a successful retest of that level and if the stock goes above Friday's high at 17.97, a 2nd successful retest will occur. Any daily close above 18.07 would generate a new buy signal as well as a failure signal against the bears. Any daily close below 17.04 would be a negative. Probabilities slightly favor the bulls.

ENG generated a failure signal against the bears on the daily chart but then the bulls failed to confirm the signal on the weekly chart, while at the same time allowing the failure signal to be negated on Friday. As such, the stock remains in a short-term limbo. Nonetheless and with the action seen the past 2 weeks, the bulls have now effectively stopped the short-term control the bears had and put themselves in a position to make a positive statement this week if the can generate some new upside without any new downside. Pivotal daily close resistance is now at 1.29 and pivotal daily close support is at 1.00. Probabilities slightly favor the bulls this week.

FSLR generated an uneventful inside week but did generate a green weekly close and in the upper half of the week's trading range, suggesting further upside above last week's high at 68.67 will be seen this week. On a positive note and using the daily chart, a failure signal against the bears occurred when the stock closed above the previous low daily close at 64.90 that when broken, caused the stock to fall down to the 59.60 level. The failure signal was generated on Monday and it was confirmed the rest of the week with daily closes above that level every day thereafter. On the weekly chart, the 200-week MA is currently at 67.91 and if the bulls can close above that level this coming Friday, it will be a tangible sign that the bulls have gained the edge back. Pivotal daily close support is now found at 62.77 but any daily close below 64.90 would weaken the chart again. The $70 level is now also short-term pivotal. Probabilities slightly favor the bulls.

NEM generated a positive reversal week, having made a new 14-week low and then closing green and on the high of the week, suggesting further upside above last week's high at 67.26 will be seen this week. It is important to note that Wednesday's low at 63.68 has become a confirmed successful retest of the 200-day MA, currently at 63.26, given that low was then followed up with two green closes in a row. The stock has some open air above as there is no intraweek resistance until the $70 level is reached and even then, that resistance is either minor in nature (recent) or a bit stronger but old (from 21 months ago). The daily close resistance at 72.61 is more pivotal but unlikely to get broken at this time. As such, a recovery up to that level (but no more) is the chart outlook at this time. Intraweek support will now be found at 65.42 and pivotal at last week's low at 63.68. Probabilities favor the bulls.

PLNHF generated a green weekly close and did 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 1.78 than below last week's low at 1.44. The stock did close on the high of the day on Friday, suggesting further upside above Friday's high at 1.63 will be seen on Monday. If that does occur, a double bottom at 1.44 will be built on the daily chart. An intraweek break of 1.78 in conjunction with a daily close above 1.68, will confirm the double bottom and give the bulls some new ammunition. It should also cause some short covering to occur. If that occurs, the next level to be targeted is 1.88 on the daily closing chart. A close above that level would generate a failure signal against the bears. If all of that occur, the 2.48 level would be the next target. Evidently, a drop back down to 1.44 (especially if broken) would be a new sell sign. Probabilities favor the bulls.

PRTS generated an uneventful inside week with a close in the middle of the week's trading range, suggesting equal chances of going above last week's high at 7.66 than below last week's low at 6.60. The stock is presently stuck (trading sideways) between 7.56 and 6.70 (based on daily closes) and any break of either level will bring in movement in that direction. At this time and for this week, there is no clarity in the chart. On a negative note, the stock continues to trade below the 200-week MA, currently at 7.63 but on a positive note, the company reported earnings 2 weeks ago that were much better than expected. As such, this is a stock that is likely dependent on what the RUT index does. In that case, the probabilities do favor the bulls as the index should not head any lower from here.

SCCO generated a positive reversal week, having made a new 18-month intraweek low and then closing green and on the high of the week, suggesting further upside above last week's high at 59.13 will be seen this week. This positive reversal week seems to be highly indicative as the stock had broken a very pivotal weekly close support the previous week and was facing open air below of consequence. The rally did generate a failure signal against the bears, with the stock closing above the weekly close support at 56.79 (closed on Friday at 59.06) that got broken the previous week. On the weekly chart, there is mostly open air above until the 66.90-67.75 level is reached. Nonetheless and on the daily chart, the 200-day MA is currently at 64.12 and that line is going to be difficult to break at this time. There are now 2 intraweek support levels with the first one being at 56.44 and the second one being at 54.92. The latter should not be broken any more. Probabilities favor the bulls.

VET had a relatively uneventful week as the stock did get above last week's high and did close green but closed near the low of the week, suggesting further downside below last week's low at 18.74 will be seen this week. The chart is unclear at this time as it could be in the process of building a new support base from which to relaunch the uptrend or last week was just a small peak in a recently started downtrend. Intraweek support will be found at 18.08, which should not be broken if the bulls want to have a chance to restart the uptrend. Last week's high at 20.45 is now short-term resistance, which if broken, would give the edge back to the bulls. Probabilities for this week are unclear at this time. Nonetheless, the 18.08 to 20.45 level is clearly short-term important.

VNET continued to trade in the same trading range it has been in for the past 7 weeks and as such, nothing of consequence occurred. The stock did close near the low of the week and further downside below last week's low at 5.45 is expected to be seen this week. Pivotal support is found at 5.08 and pivotal resistance at 6.20 and there is no clear hint of which of these two will be broken first. The bulls remain with the edge simply because there has been a bullish island formation in place for the past 10 weeks that has not been negated. Then again and other than a lot of time has passed, has not been confirmed yet. As such, the traders are waiting for "something" to happen to either negate the island or confirm it. Until that happens, the same sideways trading range seen during this period of time will continue.

ZLAB generated a second green weekly close, which in turn supports the idea that the positive reversal week seen the week before is in effect "a bottom" to the downtrend. Unfortunately, "support" does not mean "confirmation" and therefore questions remain. The stock did close on the high of the week, suggesting further upside above last week's high at 37.62 will be seen this week. On a daily closing basis, there are no pivotal levels close by as the nearest one is at 45.67 on the weekly closing chart. As such, it is unlikely that any confirmation of anything will happen this week. By the same token, there is open air until the $40-$42 level is reached and if there is no negative news this week, that level should be reached. As far as the downside is concerned, the 32.98 level should now be support. A break of that level would give the bears a new edge. I do want to mention that the 200 10-minute MA is currently at 34.79 and during the last 6 days, that line has not been broken. As such and as long as the bulls stay above that line, they will have a clear edge for further upside. By the same token and also looking at the intraday chart, the 200 60-minute MA is currently at 37.72 and that line has not been broken to the upside for the past 19 days. As such and for the first few days of the week, those intraday MA's (34.79 and 37.72) are going to be short-term pivotal. Probabilities do favor the bulls as the fundamentals do call for higher prices.