* Great earnings * Very strong up trend * High RS in the Industrials sector * Breaking out of a ~3 month consolidation with higher than average volume (21.37%) Trade idea: * You can enter now as indicated since the price is very close to the broken level * Or you can wait for a day or two to see how this plays out. * Looking at the weekly chart it seems like...
* Basing for about ~2 months * Broke out with above average volume * Retested the broken level as support
* Basing for the past ~7 months * Right before breaking out it went through a very tight consolidation * Broke out with very high volume * Retesting broken level as support. Now's the perfect time to hop on board.
* Great earnings * Strong up trend * Very high RS in the Consumer Services sector * Earnings steadily increasing quarter over quarter * Breaking out of a ~8 month consolidation with higher than average volume * Recently broke a long term resistance of $152.78 that dates back to 2019 and retested it as support for ~5 weeks Trade Idea: * Now is the perfect time...
* Great earnings quarter over quarter * Very strong up trend * Breaking out of a cup and handle patter forming since early may of this year * Very high relative strength over 3 months (57.1) in the Industrial sector * Broke out with higher than average volume: 22.05% Note: * Given the market conditions it's better to book some profits earlier and let the rest of...
* Exceptional earnings * Very strong up trend * High RS in the Tech sector * Breaking out of a ~2 month consolidation with higher than average volume (148.8%) * Offering another very high volume entry from the initial breakout point Trade idea: * Perfect time to enter as it's very close to the initially broken level and it has a tonne of volume!
* Great earnings * Strong up trend * High RS in the Healthcare industry * Breaking out of a ~13 week consolidation with higher than average volume (93.18%) * Recently broke back above $57.53 that has been resistance since 2016 Trade Idea: * If you can stomach a little volatility, now is the perfect time to get in since the price isn't too far from the broken...
* Excellent earnings * Very strong up trend * High RS in the Industrials sector * Breaking out of a ~12 week consolidation Trade Idea: * Great time to enter as it's extremely close to the broken level with higher than average volume and earnings report is coming out in just a couple of days.
* Excellent earnings * Very strong up trend * High relative strength in the Industrials sector * Offering another entry point for those that missed the initial break out * High volume entry point (64.63% higher than average) Trade Idea: * As always, this is a great time to enter as it's very close to the level and close to its EMA as well. * If you wanna look...
* Excellent earnings * Very strong up trend * High relative strength in the Industrials sector * Breaking out of a ~8 month consolidation with very high volume (172.64% higher than average) * Max probable ROI on this trade is 26.08% Note: * Institutions don't buy breakouts, they create breakouts. Trade Idea: * Now is the perfect time to get in since the...
* Great earnings * Very strong up trend * High RS in the tech sector * Breaking out of a ~5 month consolidation period with higher than average volume (44.18%) * Max probable ROI is 31.28% Trade Idea: * Now would be a great time to enter as the price is still very close to the broken level and volume is very high * If you're looking for a slight discount you...
* Great earnings quarter over quarter * Very strong up trend * Breaking out of a cup and handle pattern forming since Feb 2021 * Breaking out with slightly higher volume than average * High Relative Strength of 8.15 relative to the Industrial sector Note: Given the current market situation, it's better to take some profits early. First target is at 2:1 RR as indicated.
* One earnings report that was better than expected * General up trend * High relative strength in the tech sector * Offering a pocket pivot setup on the right side of a constructive basing pattern
* Exceptional earnings * Very strong up trend * High RS in the Industrials sector * Breaking out of a ~12 week well rounded base * Picking up on volume
* Good earnings * Very strong up trend * High 3 month relative strength in the Real Estate industry * In a constructive basing pattern for the past 7 months that's rounding out * Stable volume with increasing price * Pocket pivot occurred on the right side of the basing pattern. Trade Idea: * You can enter now as indicated if you don't mind a little volatility...
* Excellent earnings * Strong up trend with recent choppiness * Breaking pre-pandemic highs * In a constructive basing pattern for the past ~8 months * Was in tight consolidation for the past 3 weeks (2.72% range) * On the right side of the basing pattern Trade Idea: * Now would be a great time to get in since it broke out of a tight 3 week consolidation with...
* Good earnings * Very strong up trend * High 3 month relative strength in the Healthcare industry * In a constructive basing pattern for the past ~4 months * Volume steadily increasing and good earnings report caused it to go higher
* Good earnings * Long term, it's been going sideways but a new up trend has started * Recently broke a multi year resistance of $21.93 dating back to 2016 * Used multi year broken resistance as support for the past 5 months * Breaking out of the 5 month consolidation with higher than average volume * High relative strength in the Real Estate sector Trade Idea:...