AAPL made a new 13-week intraweek high and closed on the high of the week, suggesting further upside above last week's high at 214.65 will be seen this week. Trump's new bill does help the company and given that there is no resistance above until the 200-day MA, currently at 223.09, this is a stock that should be given strong consideration for the covering of the shorts. The indexes are showing some selling interest on Sunday (at 1:00pm), with the NASDAQ trading 155 points lower. If that holds up for the opening tomorrow, the stock could open lower. There is intraweek support at 208.42, which could be the target.

BCTX generated a new all-time weekly closing low (at 2.91, below the previous at 2.93) but did not break the all-time intraweek low at 2.78. Nonetheless, the stock closed in the lower half of the week's trading range, suggesting further downside below last week's low at 2.85 will be seen this week. The fundamental news continues to be a potential positive as the company's cancer drugs have been having positive trial results. It does bear to mention that for the past 40 weeks, the stock has generated a spike up day/week on 5 different occasions and the last 3 of them have come somewhere between 8-10 weeks from the previous one. It has now been 10 weeks since the previous one occurred, meaning that is it due to happen soon (based on the history over the past 8 months). The last spike up took the stock 250% in value. A break below 2.78 would keep the bears in control. A break above 3.16 would give the bulls some new chart ammunition.

LXRX generated an uneventful inside week but did close green and near the high of the week, suggesting further upside above last week's high at .955 will be seen this week. Due to the news and chart action, the .635 level has now become pivotal support. To the upside, the same pivotal scenario is found at 1.09. The 200-day MA is currently at .88 and it was broken the previous week on Friday and the stock maintained itself above the line on 3 of the past 4 trading days. A rally above the recent high at .97 would confirm the break and a rally above 1.09 would give the bulls short-term control.

MMM generated a new 17-week intraweek high but then fell back to close "very slightly" above the midpoint of the week's trading range, suggesting almost equal chances of going above last week's high at 156.09 than below last week's low at 149.50. The stock came within $.26 cents from the all-time intraweek high at 156.35 and the failure to break it (in conjunction with the fallback), does give the bears a chance to generate a double top of consequence. The stock did generate a red daily close on Thursday, making Wednesday's close at 154.14 into the 3rd failure (over the past 5 months) where the stock closed above 154.00 but failed to make a new all-time daily closing high above 155.12. The previous 2 daily closing highs above 154.00 have been at 154.40 and 154.15 and there was a 4th one at 153.50, all of which brought about a correction of at least 6%. There is some minor but likely short-term indicative support at the $150 demilitarized zone. Any daily close above 154.40 would likely bring about a new all-time high.

TCEHY generated a new 5-week intraweek low and closed on the low of the week, suggesting further downside below last week's low at 63.35 will be seen this week. A minor sell signal was generated on the weekly closing chart that does give the bears the edge for this week. Nonetheless, only a daily close below 62.49 (62.78 on a weekly closing basis) would give the bears a clear edge. A daily close above 65.76 would negate this short-term scenario.

TXN generated another new 8-month intraweek and weekly closing high and closed near the high of the week, suggesting further upside above last week's high at 216.94 will be seen this week. The bulls did accomplish a lot this week as a decent intraweek resistance at 214.66 (weekly close at 214.34) were broken, meaning that the bulls are committed to testing the all-time intraweek high at 220.39 (220.29 on both the daily and weekly closing chart). Any daily close below 214.34 would "slightly" weaken the chart, which in turn could "potentially" generate a move down to the $202 level, given that there is absolutely no intraweek support until that level is reached. With the stock closing at 216.02 on Friday, the risk/reward ratio of keeping the shorts for now favors the bears, though the probabilities of further upside and new all-time highs being made favor the bulls.

VWDRY generated an indicative positive reversal week, having made a new 8-week intraweek low and then turning around to make a new 34-week intraweek and weekly closing high. The stock closed on the high of the week, suggesting further upside above last week's high at 5.86 will be seen this week. There was no new news to support the 20% rally from the low to the high of the week but the gap down at 4.93 was closed (low for the week was 4.90) and that removed a downside magnet from the chart. There is no intraweek resistance above until 6.61 is reached (minor in nature) but there is weekly close resistance at 5.96 (from a previous low weekly close of importance) that could be in play. Then again, and on a daily closing basis, that same resistance was broken on Friday as on the daily closing chart, it is/was at 5.77. Any daily close below 5.70 would now negate this breakout, and a daily close below 5.19 would confirm the negation.

YUMC generated a new 7-week intraweek high and a new 13-week weekly closing high and closed near the high of the week, suggesting further upside above last week's high at 46.37 will be seen this week. There is still intraweek resistance at 47.00 and the 200-week MA is at 47.77 and that line is not likely to be broken unless some positive fundamental news comes out. On the other side of the coin, the 200-day MA is currently at 46.23 and that line now shows 3 successful tests of it, meaning that the bears still maintain overall control of the stock. Short-term indicative intraweek support is now found at 43.69, which if broken would suggest the above will not happen (at least not this week). The 3 retests of the 200-day MA means that something longer term indicative is likely to happen this week, meaning this stock needs to be watched closely right now.