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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

Jan 2
at
2:21 PM

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