What the Weekly Is Still Saying
After reviewing the updated weekly structure, TKO Group Holdings continues to trade within a well-defined bullish framework, despite short-term selling pressure showing up in volume metrics.
Price recently tagged a weekly high near $218, confirming the upper extension zone we’ve been tracking. Since then, TKO has moved into consolidation rather than rejection, a key distinction.
Notably, recent sessions show seller-dominant volume, yet price has held above prior resistance. That combination points to absorption rather than distribution. Supply is being met, not overwhelming demand.
From a structural standpoint:
The rising trend channel remains intact
Pullbacks continue to hold above the 23.6% and 38.2% Fibonacci retracement zones
Weekly RSI has reset without breaking momentum, holding above its midline
Key levels remain unchanged but reinforced:
$200–$205: Primary support and acceptance zone
$195–$197: Trend support tied to the rising weekly average
$218–$220: Confirmed upside reference following the recent high
As long as price continues to hold above the low $200s on a weekly closing basis, the broader trend remains constructive. Consolidation at elevated levels is not a sign of weakness. It’s often the setup for the next expansion phase.
This remains a chart defined by structure, not emotion.
Until the next bell rings,
Moneyonrepeat