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Paramount Global stock posted a mixed set of Q2 2022 results, weighed down by continued losses in its streaming business and a tough advertising market, although the theatricals business fared well driven by the Top Gun sequel. The daily price is ranging near and below Ichimoku cloud for the daily bullish reversal to be started or for the bearish trend to be continuing. Resistance levels at 25.98 and 26.14 together with support levels at 23.15 are the ...

Amazon’s stock (NASDAQ: AMZN) has lost roughly 14% YTD as compared to the 13% drop in the S&P500 index over the same period. The weekly price was bounced from support level at 105 to above for the primary bullish trend to be resumed with resistance level at 143 as the key level for the bullish trend to be continuing.

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What to expect from Yelp’s stock?
We see that the weekly price is breaking 200 SMA to above for the primary weekly bullish reversal to be started with resistance level at 41 as the possible level to re-enter.

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The company mentioned in its first-quarter earnings call that global leisure travel trends have continued to improve in the second quarter, even with the current macroeconomic uncertainties, and that it is looking forward to a busy summer travel season ahead.
The daily price is breaking the bullish triangle pattern with resistance level at 1,972 to above for the primary daily bullish reversal to be started.

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Arista Networks Inc. stock (NYSE: ANET) is up 13% in the past week (five trading days), performing better than the S&P 500 which was up 4.2% over this period. The daily price broker Ichimoku cloud to above for the primary bullish reversal: the price is crossing resistance level at 118 for the strong bullish trend to be continuing.

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