This past week was a strong momentum swing for the technology sector ( AMEX:XLK ) reaching all-time highs. The leading cybersecurity stocks NASDAQ:CRWD and NASDAQ:PANW broke highs in June and have been trading sideways ever since, setting up for another run at highs. We've seen good steady volume throughout the previous week, supporting a strong break to the...
This 4-hour chart highlights a significant breakout from a downtrend, marked by a rounded bottom pattern indicating a bullish reversal. The price has successfully broken above a key downward trend line and is showing higher lows and higher highs, supported by upward-moving averages. I entered 7/12 $68 Calls at the end of the day once the 4-hour candle broke the...
