US Market: Stocks Taking Break out and Break Below the CloudThis week following stocks have taken a break out above the cloud (consolidation zone) (1D candle):
1. MS
2. JPM
3. CVX
4. WFC
5. HD
6. BRK.A
7. XOM
8. AXP
9. TMO
10. CSCO
Following stocks have taken a break below the consolidation zone (daily candle):
1. LLY
2. AAPL
3. DIS
4. ABBV
5. MCD
6. MRK
The tool (Zeta Scalper) was fed with 40 stocks (top 40 stocks by market cap) and run at daily candle to find out stocks breaking above and below the consolidation zone.
Use your due diligence before investing or trading.