Get started

Consolidation-breakout

ASGN forming an A+ setup with multiple patterns!* Strong earnings year over year * Strong up trend * Broke out of a 5 month consolidation * During the consolidation it created a cup and handle pattern * After breaking the cup and handle pattern it consolidated just above the broken levels creating a base over base * Volume is now picking back up after base over base consolidation (53.53% above average) * Minimum probable ROI of 20% can be expected if the trade goes in our favor
NYSE:ASGNLong
by HaseebKhan_90
HLI to continue higher?* Exceptional earnings year over year * Very strong up trend since inception * Broke out of a month long consolidation with 72.99% more volume than average * Under very tight accumulation for the past 5 weeks * Pays out dividends with a Payout ratio of 26.70%. This means the company has a lot more room to grow and possibly increase dividends as well. Trade Idea: * Now is the perfect time to enter as it's still close to the broken level and is picking up momentum with volume. * If you are looking for a small discount, this may come down to retest the $88.90 area before heading higher.
NYSE:HLILong
by HaseebKhan_90
2
SYK breaking out once again with higher volume!* Exceptional earnings year over year * Very strong up trend * Breaking out of a 4 month consolidation period with 63.09% more volume than average * Pays out dividends with a Payout ratio of 44.50% which means that the company has a lot of room to grow further and possibly increase dividends as well! * Probable ROI is 12.98% if the trade goes in our favor Trade Idea: * This is a great time to get in as it's breaking out for the second time after using the $268 area as support that made a higher low!
NYSE:SYKLong
by HaseebKhan_90
TTEK building a base over base pattern!* Strong earnings quarter over quarter * Strong up trend * Broke out of a year-to-date consolidation * Consolidating right above the broken level Trade Idea * Now would be a great time to get in on this given that it has broke out and is now creating a new support right above the broken level. * However, if you are looking for a discount, this may consolidate a bit more before moving higher so you may look to enter around 142.80 and 144.70 area Note * This is a great long term hold given it's established growth * and it pays out dividends with a Payout ratio of 19.70% so the company has a lot more room to grow and possibly increase dividends in the future
NASDAQ:TTEKLong
by HaseebKhan_90
INFO consolidating above broken resistance!* Excellent earnings year over year * Strong up trend * Broke out of a month long consolidation * Consolidating right above broken level with higher than average volume * Minimum probable ROI of 6.03% if the trade goes in our favor * Given the established up trend it will most likely be more than that Trade Idea: * Now is the perfect time to get in and ride the next leg higher * However, if you are looking for a discount, the price may visit the $119 area once more before heading higher! Note: * This is a long term hold given its growth * And it pays out dividends with a Payout ratio of 45.40% which means the company has a lot of room for growth and possibly increasing dividends in the future!
ILong
by HaseebKhan_90
NFLX setting new support levels?* Relatively strong earnings quarter over quarter * Strong up trend * Broke out of a 14 month consolidation with higher than average volume * Creating a new base above broken level of $593.29 * Minimum probable ROI of 28.03% if the trade goes in our favor Trade Idea: * Now would be a great time to get in on NFLX as it's creating a new base right above the broken level. * $593.29 is expected to hold as support * A break below that would make $575.37 a nice entry if you're looking for a discount. * Worst case scenario we could see a low of $558.30 which would be the last level of support before further downside.
NASDAQ:NFLXLong
by HaseebKhan_90
ABT finally broke out!I last spoke about ABT when it was peaking at a breakout. Now, with slightly higher than average volume, it finally broke out. Now is the time to get in Here's a recap of what I last mentioned * Strong up trend * Consolidating since beginning of 2021 * Strong earnings * Lower than average volume All signs point to it breaking out soon. Due to the lack in volume ABT may visit the $126 area before breaking out. Trade idea: * Wait for a break before entering Target after breakout would be $151.65 Looking at its growth, ABT is a great long term hold that pays out dividends!
NYSE:ABTLong
by HaseebKhan_90
TSCO broke out with volume!!* Strong earnings quarter over quarter * Strong up trend * Pays out dividends with a Payout ratio of 24.30% which means the company has a lot more room for growth * Broke of a 4 month consolidation out with higher than average volume (19.09%) * Making a new all-time-high * Probable ROI of 17.19% if the trade plays out in our favor Trade idea: * $200.75 is expected to hold as support due to high volume breakout * This may come back to retest $200.75 area so if you're looking for a discount that may be a great entry point * Or you can buy in now and ride the trend if you can stomach a slight move down A probable ROI of 17.19% would place the target at 240.03 area Note: * This is also a great long term hold as it pays out dividends
NASDAQ:TSCOLong
by HaseebKhan_90
BNL broke out of consolidationBNL had a pull back mid June and has since recovered to make new all time highs. Since breaking out it has been consolidating right above resistance hence making it a new support level. * New company * Steady up trend * Pays generous dividends * Broke above pull back with relatively higher volume (7.28%) * Creating new support level from the broken resistance * Price is at a great point! Trade Idea: * Entry at previous close $27.63 * Stop at $26.20 (~5%) * Target at $33.17 (~20% ROI)
NYSE:BNLLong
by HaseebKhan_90