Nice looking coup with handle in a stock group that's been strong. Decker's out with earnings that could get this to gap up. Worth watching. Volume pattern looks solid.
Tested that level multiple times and bounced. Will bulls show up again this week? Maybe under cut and rally?
a little checkback on TOST here would set this up nicely around its 50 MA. Shakeout of its 50 MA few days back and a higher low here ahead of earnings would be ideal. One to keep on your secondary watchlist.
Surprising strength on NASDAQ:SMCI today. Coming back to that trendline for its 5th test.
On the weekly, this is a relatively young IPO that's been working on stage 1 after a brutal stage 4 decline. Holding in the upper range now and showing institutional demand. Cup with handle on the daily chart. Held up very well last couple weeks with handle low potentially in.
Toast pulling back to previous breakout base level. 200 MA line just turning back up (turning blue). Could use 2 to 3 more days to see how the stuck gets supported at these levels. Watch item as we head into next week.
Play on Uranium. Leader in that space with solid revenue and earnings per share. Bounced strongly after testing its 200 MA and now building a cup base. Few days drifting lower will set this up very well.
Early next week important inflection point as the rest of the market decides if its ready to join mega/large caps or flop. AMEX:IWM
NASDAQ:GNTX grabbed my attention this weekend. Not in gear right now to be jumping on breakouts to new highs (speaking for myself). head and shoulder neck line breakout confirmed and tested successfully.
Nice looking continuation head and shoulders pattern on NYSE:FRO After today's action. Its time to sit out and let things settle in for now. Hard to be jumping back in right away.
A trend continuation inverse head and shoulders pattern here would be so bullish for small caps. AMEX:IWM #LetsGo! #Bulls AMEX:SPY NASDAQ:QQQ
Looking back at 2023, AMEX:IWM shows very clearly the 3 opportunities this year provided on the long side (for my style of trading). To use the words of @Zeninthemarkets Scott from #IBD * Green Zone = "Market on the Give" * Red Zone = "Market on the Take"
NYSE:PLTR has a vulnerable look to it here if it doesn't find buyers very soon. AI so far hasn't showed up to save this one. Looks more like going lower vs higher.
NYSE:FN parked at an inflection spot ahead of FOMC tomorrow. I already have a position. Chance to size up if conditions tomorrow favors doing so.
NYSE:PLTR Failed Breakout Reset? Doesn't look quite right. Would like to see it shake out here. Probably goes without me.
Not much out there ready for Monday. Plan is to stay away from screens and let things/open positions "simmer". NASDAQ:MMYT is literary the only setups that interests me. Failed Breakout Reset setup.
XETR:ALV got that confluence of trendline and horizontal supply. Don't like the volume pattern on the far right with wide daily swings. That said last 2 days calmed down a bit.
NASDAQ:INSM earning coming up Thursday but one to keep an eye on. Nice volume pattern ahead of that event.