Check out Himaβs full video breakdown below β then scroll down for the key chart highlights.
The government shutdown has now become the second longest in U.S. history β but earnings season continues to roll forward, providing continued trading opportunities.
Iβm looking at companies reporting on Thursday, October 23, 2025, and what their chart setups might reveal ahead of earnings. Hereβs the highlights!
Valero Energy (VLO): When Forecasting and Momentum Line Up
Valeroβs been pulling back after a strong run β and itβs been beautifully trading momentum around the RSI Power Zones, my favorite momentum indicator.
Back in August, it held Bull Support, rallied up into Bull Resistance twice, then topped in late September. Now itβs pulling back again, and this is where I like to layer techniques.
My forecast calls for a move toward 155.00 by Tuesday October 28 β and we nearly hit that price target already. Forecasts combine price and time, and this one lines up with an Old Top from July 10. Two signals pointing to the same zone β thatβs what I call layering data for higher probability action.
T-Mobile (TMUS): Reading the Speed of the Market
T-Mobile gapped lower at the open today, traded down under 220.00, and then quickly reversed to fill the gap.
That fast rebound shows a shift in the speed of the market. Add in the retest of the June 17 low β part of a sideways range stretching back to January β and youβve got layers of support forming.
Even with earnings tomorrow, this combo of gap behavior + range support + shifting speed suggests buyers are quietly stepping in.
Intel (INTC): Momentum as a Heads-Up Indicator
Intel ran right into the Bull Resistance Power Zone β a classic early momentum warning before the top.
Strong markets can show surging momentum before price peaks, and thatβs your cue to tighten up trailing stops on long positions. Now, Iβm watching price support at the September 30 candle.
If earnings pull price back toward Bull Support, that could create a clean priceβmomentum setup to the upside.
Norfolk Southern (NSC): For Traders Who Like It Steady
NSCβs a good example of a calm, steady trend. Itβs held Bull Support and Bull Resistance beautifully, showing consistent strength.
If price finally closes above the October 14 high around 292.00, thereβs room toward 300.00 and beyond. The trend + support + resistance layers here make this one of the weekβs cleaner layered setups.
The Bottom Line:
Whether itβs forecasting, price action, or momentum β no single tool tells the whole story. The goal is to layer these perspectives to see when multiple pieces of market evidence align.
If you found value in this timely charts breakdown, be sure to give that video a βLikeβ on YouTube and register for my Zoom session and join me LIVE TOMORROW Thursday October 23rd at 12 PM noon Eastern for my live encore of my Speed Trading Workshop! π₯REGISTER HERE
Continued luck navigating earnings season β and whatever else the market throws our way!
~ Hima


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