Head & Shoulders TopNeckline ~223.35 has broken. Measured-move risk extends toward ~180.75; a fast reclaim of 223.35 would be a failed breakdown (often bullish).
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Market Structure
Trend structure:range
Latest event:structure_shift(bullish)
Resistance
230.67–232.50
· 5 touches · strong
Resistance
204.60–206.45
· 4 touches · moderate
Resistance
250.20–251.34
· 4 touches · moderate
Resistance
227.02–228.50
· 4 touches · moderate
Resistance
212.00–213.53
· 4 touches · moderate
Momentum Turn Watch
Bollinger SqueezeBollinger band width (6.5%) is in the bottom quartile of its last 120 sessions — Legend's width-percentile squeeze (not a TTM/Keltner squeeze), so volatility is compressed and a sharper move often follows.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
QQQ, SMH moved against the stock — no index confirmation.
A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks.
What's a breakout?
RS Line vs SPY52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
Accumulation / Distributionlast 65 sessions · green = acc on high vol · red = dist on high vol
Net -7
E
No patterns detected
This symbol didn't match any pattern in the latest scan.
Minervini Trend Template
2/8
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✗
Price above SMA 150 & 200$201.28 vs SMA150 $222.35 / SMA200 $220.64
✓
SMA 150 above SMA 200SMA150 $222.35 vs SMA200 $220.64