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Markets are starting the week higher on news of a potential trade deal with China — and traders everywhere are watching how this strength will carry into the flood of earnings reports ahead.
This is one of the busiest earnings weeks of the season, and it’s a great chance to study how price action and momentum combine to shape structure before big announcements hit.
I’m covering the technical setups of S&P 500 companies reporting on Tuesday, October 28th — including UPS, UNH, PYPL, and several others.
Let’s jump into the charts!
1️⃣ UnitedHealth Group (UNH): Momentum Recovery in Progress
UNH has been recovering from recent lows but paused after a brief disconnect between price and momentum.
As long as the RSI stays above the Bull Support Power Zone, there’s room for the stock to grind higher.
In the video I show you exactly where that zone sits — and how traders can use it as a momentum checkpoint before earnings.
2️⃣ UPS (United Parcel Service): Downtrend Still Dominant
UPS continues to face long-term bearish pressure, with the current action showing limited upside potential.
Unless price can reclaim the 90.00 range, the trend remains to the downside.
In the video, I’ll highlight how momentum confirms this weakness — and where short-term traders might look for reversal signs later this quarter.
3️⃣ PayPal (PYPL): A Trader’s Range Play
PYPL might not be trending, but that’s not always a bad thing.
Price continues to lift off the 65.00 support level, with potential toward 77.00 per share.
For those who like structured, lower-volatility setups — or prefer options around defined ranges — I’ll show how to trade this one safely near its edges.
4️⃣ Regeneron (REGN): Watching for a Base Breakout
REGN has been forming a base between roughly 470.00 and 619.00 since earlier this year.
A clean break above those May highs could be the start of a major new leg higher.
In the video, I’ll show you how weekly and daily chart views combine to reveal the true depth of this base.
5️⃣ D.R. Horton (DHI): Support Test Before the Next Leg
DHI has seen strong moves both ways, but right now it’s trying to stabilize after another weekly pullback.
If the stock can reclaim 163.00, it may start building a fresh leg higher — otherwise, a dip toward 130.00 is possible before that next rally attempt.
This one’s a good reminder of how the Bull Support Power Zone can act as a test of conviction for trend traders.
6️⃣ Invesco (IVZ): The Marathon Resumes
After a quick pullback, IVZ looks like a runner catching its breath.
Momentum suggests the trend is resuming higher, with potential upside toward 30.00.
I’ll walk through what that “rest phase” looks like on a daily chart and how to spot it in similar setups.
7️⃣ Corning (GLW): Quiet Strength, Clean Breakout
GLW barely paused before resuming higher — a hallmark of strength.
It never even revisited its Bull Support Power Zone before breaking to new highs.
If you missed the first move, I’ll show how to use the recent consolidation range to plan a lower-risk entry.
8️⃣ Ecolab (ECL): Coiled for a Move
ECL is shaping up into a tight triangle — lower highs and higher lows that are ready to resolve.
A breakout above that coil could launch the next leg higher, aligning with prior momentum strength.
Think of it like pulling back a slingshot: the tighter it gets, the stronger the release.
9️⃣ Seagate Technologies (STX): Textbook RSI Power Zones Setup
STX continues to move beautifully between Bull Resistance and Bull Support, showing textbook rhythm.
If the uptrend continues, my analysis points toward a minimum upside target near 325.00.
This is a perfect example of how I layer Power Zones structure into trade forecasting.
🔟 Enphase (ENPH): Base Building with Patience
ENPH is building a broad range between 30.00 and 44.00 — not flashy, but promising.
If price can clear resistance while momentum confirms through the Bear Resistance Zone, it could signal the start of a steady accumulation phase.
For patient traders, this is the kind of structure that rewards consistency.
1️⃣1️⃣ PPG Industries (PPG): Bear Trend Still in Control
PPG continues to meet resistance right where bears expect it — inside the Bear Resistance Power Zone.
Each rally fades in the same zone, suggesting one more push lower may be ahead.
Earnings could serve as the catalyst, so watch for price confirmation before acting.
1️⃣2️⃣ Teradyne (TER): Uptrend Intact
TER’s been a model of consistency, bouncing from Bull Support each time.
If price clears 150.00, the next target sits near 170.00 — but if not, a pullback entry could set up the next leg.
It’s a great chart to study if you want to see trend alignment in motion.
🎯 Key Takeaway
Whether you’re focused on breakouts, range trades, or setups within Power Zones — structure tells the story.
When price and momentum align, it’s not about guessing earnings reactions — it’s about being ready for what comes next.
If you’re finding these videos helpful, drop a like on YouTube! I’ll keep posting fresh chart reviews through the rest of earnings season and into broader market updates after that.
~Hima
P.S. If you enjoyed this chart review you’ll love my live coaching and training events!
Check the full schedule anytime at himareddy.com/events.
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