The intra day price range on ACMR has been getting very tight the last week and looks ready to move. ACMR had 2 similar high and tight bull flag set-ups (green lines). Sitting right above the 20 & 50 day moving averages and right beneath the 10d ma. I'd like to see it breakout above the dotted orange line to buy. GL
Quantum computing spec play.
The longer term chart shows that QUBT has been in a basing accumulation stage since late march 2021.
QUBT put in a nice rounding bottom pattern in mid may and gapped up strongly (so I am thinking the bottom may want to be in).
This chart shows the price action getting very tight and forming a beautiful falling wedge pattern. ...
$RCL with a nice cup to digest the gains made in Feb from the news on high consumer demand for cruises. Now it appears to be forming a rounded bottom pattern in the near term that has the potential to set up a the handle and complete the long term set up. MACD nearing a crossover as well supporting the idea that the short trend change is upon us.
Also, $RCL has...
AWK is setting up a longer term Inverse Head & Shoulders pattern. Notice the increase in volume in the right shoulder. The pattern will increase my confidence in a long set up as it clears the green resistance . The Biden admin has already committed to providing clean water to all, which should provide some opportunity for American Water Works Company. Gl
One of Bill Gates’s favorites is looking strong again. After forming a nice round bottoming pattern, ACMR has reclaimed the 50dma and is forming a high n’ tight bull flag after tapping up (blue highlighted). I’m LONG.
Showing very bullish movement off of a long basing bottom pattern. Developing into a Cup n Handle breakout on all time frames. Interesting from a fundamental aspect as well since they are now a company with profits. I like it long long as it continues to look bullish on the shorter time frame set ups. GL all
Less than 40 cents from its 4 year high and $66 from its 5 year high Star Bulk Carriers offers a nice risk reward trade opportunity on the long side. The massive increase increase in volume and the tight coiled MACD could translate into a large breakout imo. Reports of shipping container costs increasing over 300% on Feb 2021. I have not seen any dry shipping...
NNDM an exciting 3-D printing company approaching an interesting technical inflection point. It is sitting on its long term support (previous resistance) and also appears to be near the bottom of a falling wedge pattern. With the tight coiled MACD begging to be bought, I am long and will sell if it violates the blue line of the "HODL area". Good luck at the Casino ;)
Surgical devices/equipment and surgically implanted devices may face a drastic increase in demand this coming quarter with the resumption of all elective procedures. During covid 19 many hospitals were forced to limit surgeries ( like insertions of AXNX's sacral neuromodulation device) to provide extra beds/resources to cope with the pandemics issues. A break...
Cup and handle formation developing on the daily chart. More bullish news about cryptocurrency regarding VISA. Add opportunity at the breakout level, set at a price above previous common resistance levels. Good Luck
After a breather from its recent bullish run to new ATH's in mid February, I believe KTOS is setting up for a buy opportunity. As much as there is a real estate boom on land currently, soon will be aerospace boom. KTOS dipped with the rest of the market but still shows accumulation with volume (highlighted w blue circles in chart). The orange dotted lines...
IR showing continued strength today with a gap up off of an accumulation around $47 support area. More news of Biden's trillion dollar tax plan. I plan to add to the position as it clears technical supports at 50, 50.6 and 51.6. I like a stop loss at 48.7 for shorter minded trades and 46.8 for medium-longer range. Cheers and good luck to all the gamblers our...
Showing a beautiful Cup n' Handle classic formation with 2 great buy points. About to re-test the breakout.
There is also the massive underlying bull case that the new green deal/looking infrastructure money make Ingersol primed for a massive few years.
