quantitativetendies

quantitativetendies

Building on the prior idea, this stock remains good but fundamentally is priced well. I think we have seen a fundamental shift in demand for the shares and they will remain channel bound upward until we see a significant change. Institutions have been re-balancing their portfolios (ETFs/Mutual Funds etc) with names like MOS giving it a boost in demand (and removal...

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Russell 2000 looks to be on the cusp of breaking down, after a short term distributional channel (following a longer term underperformance). We might get a small bounce back up to the prior support (as backing up action) before continue lower. There is a lack of a volume signature on the bottom of channel indicating no volume absorption like we saw last time...

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SYF looks to have completed a distribution and is headed to the downside, with yield curve flattening and global growth slowing its easy to see financials lagging too

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Mosaic produces fertilizer which is heavily affected by the Ukraine/Russia war. Potash prices are priced to mean revert in the long term (by analysts) but I thing it will be higher for longer under this regime and we need this to produce crop and people need to eat. (Suggesting some inelasticity in the good). Technical set up looks like there was a shorter...

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This is a lower conviction play as the one can argue that the pennant did not enter a consolidation and is part of the continued upward trend however, I would argue that since pennants are continuation patterns with representing a "brief" consolidation, magnitude of the entry (into the pattern) should not matter. But entering from the bottom, we saw some profit...

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Consolidation looks like its nearing the end, small caps are poised to outperform on the rising rates story and an "improving" economy. Seeing higher moves up on less effort, Point and Figure methodology points to a significant break out.

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Apple is breaking out to the upside. It had a small re-accumulation window and will probably see a move up. Apple earnings are around the corner and provide a good catalyst for an upside move.

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Looks like CHWY had a climactic buyer and may be entering a reversal or range bound environment - An Automatic Rally happened and the current weakness looks more to a lack of liquidity - which should get bid at the selling climax - Stock is starting to look good fundamentally as well - MACD momentum shift - Good place to test out some small long positions with loose stops

quantitativetendies

Wyckoff accumulation looks to be complete - looks like a strong breakout

quantitativetendies

MDLZ consolidation looks to be completed and now is prepared for a long breakout upward - Pushed off the resistance line (after BU)

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Pros: - CVS is cheap on a relative basis - Strong multi-year consolidation - Making a strong run at a multi year support - Momentum picking up steam Cons: - Missing volume for breakout - Underperforming on a 1 year rolling basis Speculation: - Could be a cup and handle formation - in which expect another strong dip

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SLV is completing what I estimate to be Phase C of the re-accumulation cycle. Fundamentally, I think of two impacts on the horizon. We have more Fiscal "QE" - Biden's tax plan of injection another trillion or two into the economy. This would put pressure on the dollar and cause gold to rally along with its higher beta cousin (Silver). Alternatively, there is a...

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-Great earnings performance by CHWY -Those who missed profit taking on the wedge will probably seek to do it now -Some consolidation is happening today (strong rally in the post session, weakness in the intraday) Tech is kind of finicky so maybe a stop in the low/mid 90s so as not to get stopped out on volatility

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On the back of rising financials this looks like the Phase D of the Wychkoffian Accumulation. I am looking for a consolidation at the resistance before a take off. Fundamentally this makes sense on the backs off rising rates and financial sector build up.

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Fundamental Backdrop: - Weakening growth/momentum; strengthening value - Rising Inflation - Beaten down energy names; oversaddled with debt (debt is good with inflation) Technical: - MACD building up cause and growing - Relative out performance - Approaching resistance with strength; with potential break yesterday Adding here with tight stops

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structural notes: - more and more institutional investors are entering (pension funds and other long term money managers ) confirming wyckoffian analysis - more sell side analysts are initiating the name at upside buys (meaning they can add in their private wealth accounts) - some strong catalysts coming up that can uplift the name (retail investor call in mid...

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IWO seems to be on the verge of completing a re-accumulation in it's shares - A break past the current low would signify this is not the case Fundamentals: - If you believe in the fed guidance that inflation is transitory and inflation will normalize this should support growth especially small cap growth companies as they were beaten down very aggressively from...

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Chwy continuing to get punished to the downside - We hit the preliminary point and figure target of 70 but further downside is entirely possible - Using the longer term point and figure distribution we should be going lower - Using the the wedge (captured via bar charts) confirms this Fundamentally CHWY is getting dragged down along with the entire IPO basket;...