ENG generated an uneventful inside week and an uneventful weekly close, having closed just $.01 cents above the previous week's low. As such, there are no new comments on the stock. The company reports earnings on February 12th and it is likely that the same type of action will be seen this week. The previous week's low at 1.21 will be support this week and the 200-week MA, currently at 1.58 will be resistance.

GCI generated an uneventful inside week but did close red and on the lower half of the week's trading range, suggesting further downside below last week's low at 2.39 will be seen this week. Nonetheless, the red week close is a bit of a negative as there was established short-term weekly close resistance at 2.59 and the previous week it closed at 2.59, meaning that resistance level was tested successfully and given additional strength. Short term pivotal weekly close support is found at 2.27 and on an intraweek basis at 2.19. The stock reports earnings on February 22nd and until then, it is likely the stock will trade sideways.

INTC generated another red weekly close this past week and as such, confirmed the break of the 200-week MA, currently at 44.83. The stock closed slightly in the lower half of the week's trading range, suggesting a slightly higher probability of going below last week's low at 41.60 than above last week's high at 43.99. Nonetheless and with the indexes making new all-time highs and looking for additional follow through to occur, the probabilities actually favor the stock moving up to the MA line (and perhaps even slightly higher intraweek), to retest the break of support. Pivotal intraweek support is found at 41.17, and as long as that level is not broken, the above picture is a probability. I am still planning on taking profits on such a rally.

JD generated an inside week but did close red and on the low of the week, suggesting further downside below last week's low at 21.53 will be seen this week. If that occurs but the recent low at 20.85 is not broken and the following week the stock goes above this coming week's high, a needed/required retest of the 5-year low will have occurred and short-covering will begin as a bottom to the downtrend will have been built. If all of that occurs, a break above 24.15 will confirm it all. If the 20.85 level is broken, there is further support at 20.52.

LXRX generated another failure signal against the bears but this one was more important as the level of previous support broken (at 1.91) had stood up for 13 months. As such, this failure signal against the bears was more telling and indicative. There is now open air above to the 2.41-2.46 area. Nonetheless, that area or resistance is minor in nature and further upside up to the stronger intraweek resistance at 2.90, which does include the 200-week MA, currently at 2.89 is likely to "ultimately" be seen. With the failure signal given, it means that the 1.91 level of weekly close support (1.71 on an intraweek basis) is now indicative support.

RBLX generated a positive reversal week, having gone below the previous week's low and then closing green and near the high of the week, suggesting further upside above last week's high at 41.19 will be seen this week. There is short-term pivotal resistance between 42.20 and 42.35, which if broken would offer open air to 42.99 and if that is broken, up to 46.25. The action last week has decreased the chances of the stock getting down to the 200-day MA, currently at 36.37, but not yet eliminated them. Nonetheless, a break above 42.35 would change the chart to favor the bulls. At this time though, short positions should still be held.

SIMO generated a positive reversal week that did accomplish quite a bit for the bulls, especially since the Chinese market went down. The stock made a new 4-week low and then reversed to close green and on the high of the week, suggesting further upside above last week high at 64.15 will be seen this week. In addition and more importantly, the stock closed once again above the 200-week MA, currently at 62.79, meaning that the previous week's close at 62.30 will now be seen as a successful retest of the breakout above the line that occurred 6 weeks ago. Intraweek resistance is found at 65.33 and pivotal at 65.98. A break above the latter, will offer open above until 71.21 is reached. If the stock gets above last week's high, last week's low at 60.78 will become pivotal support. Given that it is likely that the Chinese market will begin its seasonal February rally next week, this stock could see substantial upside for the month.

VWDRY generated an inside week but did close on the low of the week, suggesting further downside below last week's at 9.24 will be seen this week. Support is found at 9.01 (low seen 4 weeks ago), which if not broken and then followed by a higher week the following week, would become the new pivotal support level from which bulls would try to restimulate the previous uptrend. By the same token, there is a lot of established support between 8.77 and 9.01, meaning that even if that support breaks, it is not pivotal support. If the 9.01 level holds up, the probabilities are high that the 200-week MA, currently at 9.90, will be tested. The company reports earnings next week on February 14th and it is unlikely the traders will do anything of consequence until then.

Z generated another green weekly close (3rd in a row) but this time the stock closed in the middle of the week's trading range, suggesting equal chances of going above last week's high at 59.40 or going below last week's low at 55.82. The stock did close on the high of the day on Friday, suggesting the first course of action for the week will be to the upside and above Friday's high at 58.03 but on the other side of the coin, there is an open gap down at 55.40 that is a magnet for closure, given that there was no news on the company to support the gap (it came because of an upgrade by JPM). The company reports earnings on February 13th and therefore it is doubtful that anything of consequence will occur before then. There is short term intraweek resistance at 59.86, which if broken would offer open air to 64.75. To the downside, there is mostly open air to 52.02 if last week's low at 55.82 is broken. There are 2 minor supports at 53.85 and at 53.35. the probabilities favor the stock trading between 59.70 and 52.27 up to the earnings report.

ZLAB generated an uneventful inside red week with a close just $.24 cents below the previous week's close. The stock did close in the upper half of the week's trading range, suggesting further upside above last week's high at 23.01 will be seen this week. The stock did make a new 6-year low weekly close below the previous one at 22.70 (closed on Friday at 22.50), which does mean the bulls have to negate the break this week or new selling interest will come in. It is expected that the Chinese market will start its seasonal February rally this week, which could help the stock. Short-term pivotal resistance is found at 23.34. A break of that level would offer open air to 25.30. A break below last week's low would offer a drop down to the $20 level. Probabilities slightly favor the bulls, given that it is likely the Chinese market will start its seasonal February rally this coming week.