23Apr12:14 pmEST
Battling the Levels
Facebook and Caterpillar are both giving up their earnings gains this morning.
In particular, we had $84.39 as a key level this morning to see if the pullback would hold and offer an actionable long entry. Instead, buyers failed to show up and here we are at midday with FB looking rather sloppy, seen on the 30-minute chart, below.
On a more bullish note, PBR looks good intraday, wit $9.29 just above a key afternoon level to watch.
And perpetual dividend payer AT&T is having a good day as well, gapping up after earnings. But the chart overall remains quite sloppy.