FB - shares are firming, look for upsideSince hitting lows in November, the trend has changed alongside increasing accumulation. This is a prior leader, which looks to be a value play.
Growth-stocks
ETSY - this isn't a trend to fightThis company is growing rapidly. Last quarter growth accelerated again. Risks are to the upside even in a tough tape.
1. Great fundamentals, check.
2. Great technicals, check.
3. Unusual bullish trading activity, another check.
DPZ is looking to break outDPZ shares have been relatively quiet as of late. Shares are quietly gaining and could be setting up for a retest of highs soon. The whole space is doing well.
PLNT shares have been working outPLNT shares are at 52-week highs. Recent guidance and new highs should keep the shares "working out" higher.
XLNX a leader making new highsXLNX is gaining in a volatile tape. The co. guided higher last quarter. Look for higher prices into year end.
TTD breakout should retest prior highs soonTTD reported great numbers last quarter in a tough market tape. With volatility coming in and the stock starting to break out, we should see new 52-week highs soon.
AAP gains in a tough tapeAAP shares saw a massive breakout on big volumes. This + a strong sector is bullish for the name.
JNJ retest of 52 week highs?JNJ shares are gaining as the sector is ripping. A retest of prior highs could be in order. Bullish trading activity suggests the momentum will continue.
Largo ResourcesLGORF
Vanadium Flake and high grade source to V2O5 for making high strength steel. 0.5% V2O5 will double the strength of steel. Above this it can improve corrosion protection and harden metals like in aircraft engines. It is also offering a new battery technology that is more reliable than Lithium-Cobalt-Manganese batteries. The stock has already jumped 148.5% since July and climbing back to Oct. 30 high of 3.48 from current 3.33.
Who will make Vanadium reflux batteries is my next question, anyone?
Watching from 786fibretracement and nearing Oct. 30 high.
CGC Stock Jumped 7.68% Yesterday Nov 6, 2018, Why?What is the News Catalyst that is Causing Canopy Growth Corp Stock (CGC) to Move up the Charts So Rapidly?
The catalytic news that could’ve catapulted Canopy Growth (NYSE: CGC) stock has finally come and has catapulted the stock to a whopping 7.68% gain today November 6, 2018 1:34pm, ET.
As a result of this catalytic news CGC looks like it is heading toward 55.91 and possibly higher (55.71, 56.56, and 57.41 are possible targets) before a reversal becomes inevitable. In fact, $71.90 per share is the next target that is possible if the stock continues its hyperbolic move up the charts.
This price target however, may take a little longer to achieve simply because CGC holders like to take profits when the time is right. So, there could be a profit-taking time that presents itself way before the $71.90 per share price point is reached. In fact, there are a few price points that could appear above the $57.41 price level. They are $69.35, $70.02, and $71.05. In fact, those prices are not at all arbitrary, they have some credence behind them. Our trading strategy has a very high level of reliability.
There could be many price levels above our original support zone of $36.71. Therefore, we would buy the stock if it gets to $36.71 and sell it when it gets to our hypothesized support zone of 44.88 or anywhere close. In past analysis, we have noted that point.
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Disclaimer: (c) Mstardom, Inc., Mstardom Finance does not provide investment advice.
KO shows big buyingKO shares broke out to new 52 week highs on big volume. This activity should keep shares in bull mode.
WMT shares show big buyingWMT shares have gained in the market meltdown and should keep rising. Next up is January highs.
DISCLOSURE: long WMT
SBUX more upsideSBUX shares gapped to new 52-week highs after a strong earnings report. Strong buying in the shares should buoy the stock higher.
DISCLOSURE: long SBUX
JWN new 52 weekerJWN is at new 52 week highs. This sector is moving higher with more volumes than usual. Shares should continue uptrend.
ROST new highsROST shares are at 52 week highs. This momentum should continue as the sector pushes higher.
TJX more upsideTJX is incredibly strong in the face of the weak market. Look for a breakout to new highs soon.
ISRG trading above 200dmaISRG is a growth machine over the last few years. The stock is still in a long-term uptrend as it is trading near the 200 dma.
LULU above 100 & 200 dmasLULU shows relative strength, holding above its 100 & 200 day moving averages. Its long-term trend is still intact.
Disclosure: long LULU
INTU holding its 200dmaINTU has a strong history of growing dividends since 2011. This pullback, with the market, is still holding its 200dma. The long-term uptrend is still intact.
Disclosure: long INTU
COST holding above 100dmaCOST has been impressive in performance for 2018. it is showing relative strength in a weak tape. This another long-term dividend grower.
Disclosure: long COST
NFLX should lift hereNFLX shares are sitting right at the 200dma. We have not seen any UI sell signals in the stock over the previous weeks. Q3 numbers were solid - look for upside soon. Disclosure: long NFLX
MSFT upsideTrading activity in MSFT shares indicate demand is pushing the stock higher. This has been the theme for all of 2018.
DISCLOSURE: Long MSFT
NVDA upsideNVDA is showing large share volumes as the stock gains in price. The stock should continue its uptrend.
