ENG generated an inside week and an unchanged weekly close, meaning that nothing of any consequence occurred. The bears remain in charge. A confirmed daily close above 2.00 will take away control from the bears but otherwise, the outlook suggests further downside is likely to occur.

GCI generated an uneventful inside week but did close near the high of the week, suggesting further upside above last week's high at 1.98 will be seen this week. Pivotal resistance is found at 2.09 and short-term pivotal support is at 1.83. Probabilities do favor the upside with a target of 2.34 to be seen before the end of the month.

INTC generated a 2nd 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 43.32 will be seen this week. The stock did run up against the 200-week MA, currently at 45.22, with a high 3 week's ago at 45.34. As such, this down move was not unexpected. Nonetheless, if the stock does get above last week's high this week and the bulls fail to get above 45.34 before another red weekly close occurs, more profit taking will be seen, with a downside target of at least 39.20, if not 38.01. As such, the stock should be closely watched during the next week or two. The stock should get up to at least 43.64 this week but that level, on a daily closing basis, is going to be indicative as to whether more upside is to be seen or not.

LXRX made a new 25-trading day high and in the process, generated a new buy signal on the daily closing chart. The stock closed slightly in the upper half of the week's trading range, suggesting further upside above last week's high at 1.33 will be seen this week. The stock shows intraweek resistance at 1.43 and pivotal resistance at 1.51. The stock has built a double bottom on the daily closing chart at 1.00/1.01 and it has been retested successfully, meaning there is no reason for weakness to be seen this month. As such, the month will be all about the resistance levels above and whether they will be broken or not. Reaching the 1.43 level is a high probability. From there, it is a bit of a mystery right now. If the 1.51 level is broken, minimum upside should be 1.80. Any daily close now below 1.14 would put everything aside until January.

MRNA generated another green week (4th in a row) but it was only by $.49 cents, meaning that the buying interest is limited, especially considering that there is nothing but open air above for $15. The stock closed slightly in the lower half of the week's trading range, suggesting slightly higher chance of going below last week's low at 77.40 than going above last week's high at 84.12. It bears mentioning that there was big put option buying by large investors on Friday and that normally means that there is some news due to come out and given that it was "put" purchases, it could mean that the news is negative. It also bears mentioning that for the past 2 months, these same option buyers and sellers have had a wide trading range between $50 to the downside and $130 to the upside as the targets for the stock. Chart-wise, any break below 74.50 would be seen as a negative at this time. Any new rally high (above 84.12) would be seen as a positive. Due to this put option news, this stock must be watched closely this week.

NEM did not follow through to the upside (as expected) and generated an inside week with a red weekly close, and closed on the low of the week, suggesting further downside below last week's low at 38.76 will be seen this week. This move was all due to the selloff seen in the Gold market. On a daily closing basis, there is support at 39.02, which if broken would take some ammunition away from the bulls. Intraweek support is minor to decent at 37.84. Some intraweek resistance will now be found at 39.32 and a bit stronger at 40.10. Evidently, with Gold now seemingly finding a top to the rally, this stock is now not likely to make new rally highs above the recent above the recent 41.30 level, meaning that any rally back up to the $40 level should be considered for liquidating and taking profits on the trade.

PLNH made a new 3-week intraweek high and closed near the high of the week, suggesting further upside above last week's high at .925 will be seen this week. Nonetheless, the short-term pivotal intraweek resistance at .93 was not broken, meaning a bit more work in building the support base is likely to occur. There is intraweek support at .77 that should hold up this week. The chart does suggest higher prices are coming, with the 1.00-1.03 level as the immediate (next week or two) as the target. There is a lot of established resistance at 1.00 that seems unlikely to get broken in December, but if it is broken, it would be a strong sign of further upside to come. For the time being and likely for the entire month, the stock should trade between .75 and 1.05.

VWDRY did not follow through to the upside (as expected) and generated an inside week with a red weekly close, and closed in the lower half of the week's trading range, suggesting further downside below last week's low at 8.90 will be seen this week. The 200-day MA is currently at 8.60 and a retest of that line is highly likely to occur. On an intraweek basis, there is short-term pivotal support at 8.48 that should not get broken. The chart remains short-term bullish with a possibility of a rally before the end of the year all the way up to 9.75.

ZLAB generated an uneventful week though it did generate another red close. Nonetheless, the red close was only by $.21 cents and the pivotal intraweek support at 25.75 held up (in spite of the continued weakness in the Chinese market). The stock did close in the upper half of the week's trading range, suggesting further upside above last week's high at 27.88 will be seen this week. It is expected that the Chinese market will generate some upside over the next 3 weeks and that will give the bulls a chance to rally the stock to the levels the chart suggests will be seen. The 200-week MA is currently at 29.37 and that level has been tested on 3 prior occasions without success. This time, it is likely to be broken. A rally above 29.39 will break the most recent intra week resistance, as well as the MA line. A rally above the 4-month intraweek high at 30.67 would be a break of the line as well as a buy signal of note. A drop below 25.75 would negate this positive chart outlook.