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Laggard

SQ, Industry Laggard Set to OutperformSquare, NYSE:SQ , hasn't performed nearly as strongly as the rest of the market that has just about surpassed their previous highs from the lows of late 2018. Other stocks in the Fintech space, such as NASDAQ:PYPL , NYSE:V , NYSE:MA , and NASDAQ:INTU have been extremely strong, already making all-time highs. Square is a clear industry laggard, with a lot of potential I think that Square is due to follow the rest of the sector and start making moves higher soon. It has been trading in a consolidating triangle, since February, building up power. If it breaks this triangle to the upside, I believe it should have very strong momentum, and follow through. As long as overall market conditions remain strong, there is no reason Square shouldn't be a leader going into the rest of 2019.
NYSE:SQLong
by HBtrader22
GME break up of downtrend Stock came from $16 to almost $58 in year and a half but was sold off on bad earnings results almost 2/3 of it is initial move up. In such a strong tape I think it looks ready for move higher, as it found support at $33 and have built higher highs with consolidation support at $35-$36. It broke downtrend line to the upside with strong, green candle and building nice and tight base above key moving averages wich gives us calculated trade if it triggers above $40.60. If you are active trader you can use tight stop below base support $39.44. I prefer to give it more room and will put my stop below $38 - break out point and 21/50 EMAs.
NYSE:GMELong
by andrew.berg
SSYS break up of descending channelThis 3D printing stock was very hot during 2012 and 2013 but lost its luster in 2014 as investors are looking for major cap companies who pay high dividends. Even the leader 3D Systems pulled back 50% from its highs which tells us that price is very unstable and speculative in this revolutional sector. Stock broke up descending channel at $90-$92 with ignited bull candle and regained some moving averages. I like idea playing cautch up here. Stop for active swing traders could be below $92. Entry above previous high at $95.85 with target at $105 where 200EMA sits.
NASDAQ:SSYSLong
by andrew.berg
CTXS laggard play, looking for move through 200MABig Picture: US markets are strong, so I like long ideas. Despite, this stock looks weak I think if market break up failure scenario will come into play money will rotate from stocks that are on highs to underperforming stocks. And if market will continue showing strength momentum will cautch up this stock as well. This technology company grew up from $20 since early 2009 and found top in 2011 at $88. From then it entered into big consolidation wedge with bottom close $50 (aorund half of that big igniting move) means that long term investors still control price action. Short Term tech analysis: Stock gapped up $59.46 on earnings on 24 of April, sold off from 200 MA but bounced off from shorter term moving averages with pivot low at $57.77. Right now, it is in front of 200 MA building nice upper level base. Trade Plan: I like entry here at $60.37 with stop below $57.77. Break up and close above 200MA could lead to $62.25-$63.44 resistance zone, then we have gap down pivot point at $66.48. Macro target is mid $70ish area - top of wedge.
CLong
by andrew.berg