AMZN bulls failed to follow through to the upside after the previous week's new rally high and close on the high of the week and as such, the stock closed red and near the low of the week, suggesting further downside below last week's low at 128.42 will be seen this week. More importantly, the red weekly close made last week's close at 134.68 into a successful retest of the 20-week MA, currently at 133.36. This also means that the bulls now need positive news to negate this retest. Pivotal support is found at 125.92, which if broken would not only confirm the successful retest of the line but also generate a sell signal. The company reports earnings on August 4th, suggesting that unless there is an overall market break this week, the stock is likely to trade between $126 and $132.

ATNI generated a positive reversal week, having made a new 16-month intraweek low and then closing green and near the high of the week, suggesting further upside above last week's high at 36.88 will be seen this week. The stock did generate a sell signal on the daily closing chart but that was negated 2 days later. On the weekly closing chart, the stock did not generate a new sell signal. In fact, it now shows a double low at 35.34 and 35.40. By the same token, the bulls were not able to take full advantage of the positive reversal as a weekly close above 36.60 was needed. The stock closed on Friday at 36.02. There is some minor intraweek resistance at 37.13, which if broken would offer open air above to 37.76 and then to 39.33. Both of these resistance levels are minor in nature. Intraweek support is now found at 35.03. The stock does report earnings this Wednesday after the close.

ENG generated a totally uneventful inside week with a close at the same price as the previous week. This whole area around the .40 level has been pivotal support and resistance area on 6 different occasions over the past 3 months. The company reports earnings on August 15th and it is unlikely that much will happen until then.

LXRX made a new 6-month low and closed on the low of the week, suggesting further downside below last week's low at 2.05 will be seen this week. The stock does show minor to decent intraweek support at 1.87, which is now a target to the downside. Pivotal intraweek resistance is found at 2.38. The company reports earnings on August 1st.

PAAS made a new 10-week high and did close green but saw some selling interest come in when it got into the 16.74-17.48 area with a high last week at 16.89. The stock 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 than below last week's low at 15.39. Nonetheless and like with Gold, there is a good possibility that the recovery rally high has been reached and as such consideration can be given to taking profits this week, on a rally. Support is found at 15.62, which if broken would suggest a drop down to close the gap at 14.98.

PLNHF did nothing this past week, having traded in a $.02 trading range. The stock closed at .56, which continues to be in the middle of a trading range (between .52 and .63) that has been in place for 10 weeks. Pivotal intraweek resistance is found at .63. Intraweek support remains at .52.

TCEHY generated an uneventful inside week but did close red and near the low of the week, suggesting further downside below last week's low at 42.03 will be seen this week. Nonetheless, the stock has been in a trading range the past 7 weeks between 41.04 and 46.46 and until one of those levels gets broken, the stock will continue to trade sideways. The 200-day MA is currently at 42.06 and the stock has stayed above that line for the past 7 months except on 1 occasion for a period of 5 days. It is unlikely at this time that the line will be broken unless the Chinese market takes a move down (unlikely).

TNC generated a green weekly close but then only by $.06 cents and did close near the low of the week, suggesting further downside below last week's low at 79.26 will be seen this week. If that does occur, last week's high at 81.35 will become a needed/required retest of the double high at 82.07/82.00. Such action would give the bears some new ammunition. Short-term pivotal support is found at 77.07. The company reports earnings on August 8th.

TOL bulls failed to generate any further upside, suggesting that the runaway freight train rally has possibly found a top to this rally. The stock generated an 8% drop in price and closed red and near the low of the week, suggesting further downside below last week's low at 77.15 will be seen this week. The previous all-time daily and weekly closing high is at 74.61 and a retest of that level is an objective. Nonetheless, a daily close below 76.41 will generate a new sell signal that might cause even further downside to occur. The $80 demilitarized zone should now be resistance on a daily closing basis.

VET generated a positive reversal week, having made a new 2-week low and then closing green and on the high of the week, suggesting further upside above last week's high at 13.43 will be seen this week. If that does occur, the previous week's low at 12.58 will become a successful retest of the 200-week MA, currently at 11.99. A rally above 14.13 would not only confirm the retest but generate a new buy signal of short-term consequence. Short-term pivotal intraweek support is now found at 12.58. Company reports earnings on August 2nd.

VWDRY followed through to the upside but not in a meaningful way, given that the stock closed only $.18 cents higher and the 200-week MA, currently at 9.59, remained unbroken and untouched. The stock closed in the middle of the week's trading range, suggesting equal chances of going above last week's high at 9.44 than below last week's low at 9.07. The company reports earnings on August 9th and as such, is not likely to do much of anything until then. The 200-day MA is currently at 9.85 and as long as the stock is above that line, the bulls will have the short-term edge.

ZLAB generated a green close and closed on the high of the week, suggesting further upside above last week's high at 30.30 will be seen this week. The green week makes the previous week's low at 26.96 into the required/needed retest of the recent 24.94 low. A break above the recent high at 31.30 would confirm that a bottom to this recent correction has been found and that a recovery phase has started. The company reports earnings on August 7th but with the company showing positive news, the earnings report is more likely to be beneficial than not. As such, a breakout from this correction is likely to be seen this week. Evidently, the 26.96 level has now become short-term pivotal support. A break above 31.30 shows open air to the 39.30 level.