$DUOL technology name, IPO 7 months ago. rising 10/20 MA with bullish crossover after 6 months of decline. volume remains subtle as it continues to build a base beneath the highlighted DTL. $102.55 is a clean pivot that would take this name out of its DTL, and YTD resistance
$DH 3 months sectorial performance for $XLV gives you -6.34% today, but $DH RS bottom on 19/1. in midst of doing so, $DH has also traded out of a 6months downtrend channel, to rising 10/20 KMA over last 2 weeks. $26 key pivot for a 3 months base BO
$ZI very clustered chart at first look but plenty of significant technical build up in this name -double bottom basing chart with RS since feb -2 weeks price coiling between both VWAPs IPO and ATH -price action rejection at 200MA on 3 period since jan all points to $61 breakout
$BEPC (Utilities - Renewable) HTF setup, now within a pennant range. hv already violated the momentum of its year long downtrend channel, and trading above VWAP from ATH reflecting significant accumulation in its past 2 mths rally pivot on weekly is at $45. pennant BO at $43.50
$ANET sliced through the series of VWAPs highlighted earlier, at the back of 5 consecutive sessions of higher close. also trading outside of its 4 months DTL. currently just trading beneath the $134 major pivot, its last key resistance level. looking prime for a takeoff.
$ZETA one of the few technology names that has an intact uptrend since the start of 2022. above all KMAs while undergoing 4 weeks of consolidation within a bullish pennant pattern. further price tightening will see all KMAs coiling into the pennant for an imminent breakout
$CAR displaying volatility contraction since Q3 ER. have a very defined 4-months DTL with flattening RS and KMAs since late January. today $CAR is on track for its 5th up days in a row, remaining above all its KMA to rising 10/20 MAs since breaking out of the DTL last week.
$CARG bouncing off its VWAP from Q3 ER to rising 10&20MA. it underwent 6 consecutive days of low volume retracement after rallying +43.96% post Q4 ER to fantastic YoY growth numbers (EPS +34%, Sales +124%) the last significant VWAP to reclaim is from Q4 ER at $43.05
$USER new IPO name, sitting on VWAP from IPO after breakout (+27%) from its first quarterly ER this week. this name has built higher lows since late january, rising 10/20MA momentum. key pivot for further strength is at $11.15
$AN has been in my WL since nov'21 throughout its decline. eps and sales growth is impeccable, there is nothing to fault by the look of both QoQ and YoY growth RS flatten from late dec, diverging from declining price. this week broke out of wedge. to reclaim VWAP for entry.
$TXRH operates and franchises restaurants under Texas Roadhouse breaking out of its second HTF, & VWAP from ATH on its wkly. RS bullish divergence from dec to feb is reflected on daily. one could position this on wkly as a hedge if you are overloaded with O&G & commodities name
$RADA in aerospace and defense industry, the leading ig now. they offer defense tech, and sells electronics to air forces and companies worldwide wkly acton is a HTF spanning 2 yrs. broke out of VWAP from 52-weeks high yday with +250% ATR and +400% avg vol. key pivot at $13.50
$EXPR microcap name in Apparel Retail industry group. strong weekly action (+45%) since basing out of dec'21 consolidation. a bullish flag pennant trading on rising 10/20 MA & AVWAP high from Q2 ER. currently, just below its 200MA, coinciding as a pivot for inverse h&s breakout
$AR O&G exploration name. weekly chart reflects a clean inverse H&S. this is the textbook classic trend reversal pattern chart. though RS low was established in dec, price action was widely volatile on its way up. ATR % at 5.68% of price BO entry will require a wider stop
$MLI metals manufacturer. RS already cleared its 52 wks high, while price remain resisted below a 3mths DTL. price have been riding on its rising 10MA since Q4 earnings. convergence of shorter MA with 50d it gained +39% in less than a month (oct'21) during the last DTL breakout
$SPX fell further with a loss of -1.58% last week, driven primarily by worsening Russia-Ukraine developments. Risk sentiment was further pressured by disappointing growth-stock earnings reactions and lingering concerns about a Fed policy mistake. 10 of the 11 S&P 500 sectors ended the week in negative territory. With a considerable loss of -1.58% over the week,...
$NI traded through the week without closing below Monday's low (daily average $ volume of $100mil), displaying resilience to the general market weakness. Currently a bullish flag formation, sitting on confluence of VWAP (from previous low) and 10/20 MA. 23/2 ER
$SLB pennant consolidation within its high tight flag formation is still in making. on monthly, it has just barely traded beyond its breakout level of the inverse h&s pattern. textbook measured move is $53, another +37% away. ER Q4''21 (YoY)EPS 0.41 (+86%)Sales 6.22b (+13%)