The weekly chart looks phenomenal. This daily chart just needs a little push. I'm long and will add if we get a little handle here.
VERI has been a fantastic stock and looks to be emerging from a small continuation pattern at the highs. Long
DDOG was a monster coming out of the COVID lows, but has since been basically trading sideways for months. This wide base has the potential to be quite explosive. $112 has proven to be a key level. Watch for a break above with heavy volume to confirm the next leg higher. I'm bullish on this name and have a starter position. Will add if/when the stock can take out...
CLSK was a great momentum stock and then it really got going after they announced that they were buying bitcoin mining equipment. This was a red flag as bitcoin mining was never part of their primary business (they make microgrid software). So what the hell is a software company doing buying bitcoin mining equipment?? Hard to say exactly because the company seems...
I have no idea what this company does but the chart looks disgusting. I'd definitely avoid new longs and if the market weakens I'll look here for a short entry if it breaks to new lows.
HBI is breaking down from a bear flag and is trading below key short-term moving averages. Looks like a test of the 50-day is on deck. No position but will look to buy puts if markets continue to weaken
Before I start, I want to make clear I am not a permabear. I've been long PLUG, FCEL, and BLDP at varying times of this bull run via commons and calls. They've been great. But this chart pattern has the look of a top. For candlestick nerds (like me) out there, this has the potential for a Dumpling Top. PLUG exploded 100%+ in six trading days (on a closing basis)...
LINK is breaking out to all-time highs after a long period of consolidation. Volume is confirming the move. Maybe we'll finally get the alt season that we've been waiting for?
Crazy stock. Can run if it wants. Breaking above pivot. HTF setup. Long
Auris Medical released positive data for a nasal spray that showed 99.4% efficacy in the prevention of COVID with a nasal spray. Could be a big deal. I have no idea but the price action suggests they may be on to something. This is a low handle cheat entry. Be aware that this company could hit investors with an after market secondary following the strong price...
Absolute rocket stock with really promising technology in tobacco and cannabis. Emerging from base on light volume. Might be a decent 'cheat' entry down here. Long
Volatile name looks to be breaking out of a short-term base. Good volume today as well.
Wait for a break on volume before going long. Explosive look
LMND has been working on a nice IPO base. Seems to be experiencing a character change lately as it firms up. Showing some strength today as it is breaking above the downward sloping trendline. The $68-69 level has been a difficult hurdle but it looks poised to take it out in the near future.
Nice consolidation over the last several months. Call it an inverse head and shoulders if you like. Regardless, a daily close above ~$7.60 should confirm a breakout. Would not be surprised to see this thing at new highs very soon. I'm long since 11/21
Looks like ALGO is bottoming. It appears to be breaking above the down-sloping trend line. Now it needs to overcome the resistance and clear $0.30. With Ethereum breaking above $500, alts may start to pop again. Keep an eye on this one
TSLA went dormant for a while but has emerged from a nice base. Today it is breaking out over key resistance. First target is $610. Long