AMRX made yet another new all-time intraweek low at 1.28 and a new all-time weekly closing low at 1.33. Nonetheless, it was somewhat evident that that the bears are running out of ammunition as the downtrend slowed down. The trading range was about the same as the previous week with the stock coming within $.02 cents of the previous week's high and only breaking the previous week's low by $.03 cents. The stock did close in near the low of the week and further downside below last week's low at 1.28 is expected to be seen this week, but having had 5 red weeks in a row (first time in 10 months) and this off of a positive earnings report, the probabilities favor a positive reversal week this week. Short-term pivotal daily close resistance is now found at 1.53, which if broken would suggest a rally to 1.96 would then be seen.

ENG generated a positive reversal week, having made a new a 3-year intraweek low and then closing green and on the high of the week, suggesting further upside above last week's high at .5619 will be seen this week. The stock got down to the .47 level last week and the .46-.48 level is considered strong and pivotal support as those two intraweek lows have been the lows seen the past 10 years. It is difficult to imagine the stock heading lower from here as the book value of the stock is $.84 cents. There is absolutely no resistance (open air) above until the .73 level is reached. As such, the probabilities are high that level will be seen this week or at the latest the following week. Any drop below .46 would further weaken the chart.

IR generated an up week and closed slightly in the upper half of the week's trading range, suggesting a slightly higher chance of going above last week's high at 56.91 than below last week's low at 52.73. Nonetheless, the bulls were not able to accomplish anything as there is established intraweek high resistance between 56.71 and 57.77 and weekly close resistance at 55.31 and the stock closed on Friday at 55.05. Any daily close above 56.38 will give the bulls some new ammunition, while a daily close below 53.38 will do the exact opposite. Overall, the stock is in a short-term downtrend that suggests the 200-day MA, currently at 50.73, will be seen before the bulls are able to generate any kind of a recovery of any consequence.

PLNHF generated an inside week but did close red and near the low of the week, suggesting further downside below last week's low at .7525 will be seen this week. The stock has now seen 5 red weekly closes in a row but the amount of down movement has been minimal in nature as those 5 red weekly closes have been at .88, .86, .84, .82 and Friday's close at .78. With the stock having seen a low at .60 and a high at 1.05 just 10-13 weeks ago, it is evident that the traders are not interested in either direction at this time and are awaiting news before making any decisions.

RBLX generated a negative reversal week, having made a new 5-week high but then closing red but very slightly ($.12 cents) in the upper half of the week's trading range, suggesting a slightly higher probability of going above last week's high at 45.49 than below last week's low at 41.11. Nonetheless, the stock remains below a well-established (3 occasions) intraweek resistance level between 46.05 and 47.67 that has stopped all rallies since August of last year. The stock continues to be in a positive short-term uptrend since February when a positive earnings report came out and the 200-day MA, currently at 37.54, was broken. Since then, the stock has stayed above the line. The line has been tested successful on one occasion but does remain a magnet as long as the 47.67 level does not get broken. Last week's low at 41.11 is now pivotal as a break of that level will likely cause the stock to test the line once again. A break above last week's high at 45.49 will be a small positive that would likely bring about a rally up to 47.67. From that point of view, this week is likely to be pivotal.

SHOP generated a new 5 week intraweek and weekly closing high but did close very slightly (by $.07 cents) in the lower half of the week's trading range, suggesting a slightly higher chance of going below last week's low at 42.78 than above last week's high at 47.32. If the stock goes above 47.32, there is no established resistance above until the $50 level is reached. There is an open gap up at 50.22 that will become a magnet if last week's high is broken. To the downside, last week's low at 42.78 is also a short-term catalyst, which if broken would likely make the 200-day MA, currently at 36.38, an objective.

TXT generated a green week, which did cause the recent downtrend to pause. Nonetheless, the stock closed very slightly ($.05 cents) in the lower half of the week's trading range, suggesting a very slightly higher chance of going below last week's low at 66.11 than above last week's high at 69.46. The chart is leaning to the downside but the 200-day MA, currently at 66.91 has held recently, meaning that this coming week could be short-term pivotal. A daily close above 68.70 will generate a short-term buy signal on the daily closing chart, and a daily close above 69.28 will generate a failure signal against the bears and open the door for a rally up to the $73 level. A daily close below 66.16 will open the door for a drop down to the $62 level.

VET generated a green week but it was an uneventful inside week and therefore not all that indicative. The stock did close near the low of the week, suggesting further downside below last week's low at 12.04 will be seen this week. The stock has been trading slightly below the 200-day MA, currently at 12.58, for the last 2 weeks, and as such, the bears do have the edge. Nonetheless, the line has not been broken convincingly, meaning that every single week is important until something tangible (to the upside or the downside) occurs. For this week, the recent low at 11.93 and last week's high at 13.34 are pivotal. A break of either will cause a statement of weakness to occur if to the downside, while a close above 13.34 will likely generate some recovery to begin.

ZLAB did not follow through to the upside (as was expected) and did make a new 11-week intraweek and weekly closing low. The stock closed very slightly (by $.13 cents) in the lower half of the week's trading range, suggesting a very slightly higher chance of going below last week's low at 30.14 than above last week's high at 33.80. On a positive note, the stock has traded in a very narrow trading range of $5.25 for the past 9-trading days and the last time it did that back in December, the stock generated a breakout. The $30 level is decent and important support that the bears have been unable to break even though the stock has been below $31 on 8 of the last 9 days. The stock did close on the high of the day on Friday, meaning that the first course of business for the week should be to the upside. Pivotal resistance is found at 33.80. Intraweek support is at 28.17.