Netflix has been quite lacklustre after breaking out of an 11-week Cup & Handle pattern on Oct 10. It's currently trading within a ~7% flat base with the pivot level just above $204. However, the pocket pivot yesterday provides a potential entry signal at roughly $200 with a stop just below $189.50. The fundamentals are strong with increasing earnings and the...
The pocket pivot day yesterday (Nov-28) is a potential signal for an early trend continuation entry with a tight stop of roughly 4%. The Point & Figure count for the consolidation trading range from Feb to Aug this year has a price target of 90-95, which is still good R:R. Earnings are due on Dec-07 so a buffer is required to hold through it otherwise the risk...
The recent pullback after the strong gap up above the trading range may have found support at the confluence of previous resistance and 50DMA. Good volume today so looking very bullish imo.
The strong volume on the break of the handle today is very bullish and could see CAR going to ATH in the near-term.
The strong bounce last week after a couple of weeks of pullback on low volume indicate a lack of supply and demand coming back in.
Reaccumulation may be done after the strong bullish engulfing move of a base-on-base pattern last week.
ARF may now move into an uptrend after coming out of a 16-month long VCP on above-average volume on Friday. The recent high volume days in mid-October did not result in any downward progress, indicating demand absorbing supply and can be seen by the sustained upward move since then.
The backup move after the sign of strength may be in place now that NVL has broken out of short-term trendline on strong volume.
The strong volume today may indicate a potential breakout of the handle's pivot at $47.88 in the coming days. On high watch.
The decrease in volume in recent days shows that supply has dried up. Watch for a break of the upper trendline of the pennant on volume for a long entry signal.
The strong volume near all-time-high could push DTL into uncharted territory in the coming days.
Price action and volume have contracted significantly and so may be ready. Watch for volume when it breaks above $2.70 for a long trend continuation entry.
Potential trend continuation long entry signal if it breaks above the handle's high of $142.29 on volume.
$AUB has been trading in a ~13% flat base since reaching all-time-high back in late May. Price action and volume has tightened and formed a clear pivot point within the base at $13.50. Watch for a break of this level on volume for a long entry signal.
The pocket pivot volume on Friday as it comes out of short-term trendline may provide a good r:r trade as NVL tries to come out of potential accumulation trading range.
The strong volume at the top of the trading range may be absorption taking place and so could go from here. Very illiquid ticker.
$NWH may go again here after the false start back in September, which shows it needed more time to digest gains prior to stepping on the gas again. The strong volume day yesterday is also a pocket pivot volume, showing a high breakout potential.
Orica has been a poor performer compared to the XJO but the recent strength (SOS) as it tries to come out of its trading range shows the potential of being accumulated. Watch for volume when/if it breaks above the most recent high at $21.21.