Hold PTCT as long as the $61.50 support zone holds, despite upcoming earnings.
Source Post
The Stock Market Is Starting To Drop
Rising oil prices and bond yields, driven by geopolitical tensions in the Strait of Hormuz, are creating headwinds for the stock market, particularly for long-duration growth and tech stocks. Smart money is reportedly selling tech aggressively, contrasting with retail fund flows into QQQ. SPY is facing resistance near all-time highs and a short-term downtrend is in play.
Linked Mentions
Tickers discussed in this post
Watch ARM to the downside if it breaks under $198 after a rough tumble today.
Watch COIN to the upside if it breaks out above $206.75.
Watch APLD to the upside if it breaks out past $36.25.
MU is a strong buy if it breaks above $593, with a clear path to $600 and beyond.
AMD is set to report earnings, which will be important given its role in the recent market rally.
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