SYK breaking out once again with higher volume!* Exceptional earnings year over year
* Very strong up trend
* Breaking out of a 4 month consolidation period with 63.09% more volume than average
* Pays out dividends with a Payout ratio of 44.50% which means that the company has a lot of room to grow further and possibly increase dividends as well!
* Probable ROI is 12.98% if the trade goes in our favor
Trade Idea:
* This is a great time to get in as it's breaking out for the second time after using the $268 area as support that made a higher low!
Resistancebroken
AMRC to go higher?* Great earnings year over year
* Very strong up trend
* Breaking out of a year-to-date consolidation with 40.98% more volume than average
* This trade as a chance of giving an ROI of 86.26% if it plays out in our favor.
Trade Idea:
* Now is the best time to jump into this as it's very close to the breakout point and it's picking up volume as well.
TTEK building a base over base pattern!* Strong earnings quarter over quarter
* Strong up trend
* Broke out of a year-to-date consolidation
* Consolidating right above the broken level
Trade Idea
* Now would be a great time to get in on this given that it has broke out and is now creating a new support right above the broken level.
* However, if you are looking for a discount, this may consolidate a bit more before moving higher so you may look to enter around 142.80 and 144.70 area
Note
* This is a great long term hold given it's established growth
* and it pays out dividends with a Payout ratio of 19.70% so the company has a lot more room to grow and possibly increase dividends in the future
TREX attracting more volume* Very strong earnings year over year
* Very strong up trend
* Broke out of a 6 month consolidation
* Consolidating right above broken level and attracting more volume
Trade Idea:
* Now would be a great time to get in as it's building a new base right above the broken level.
* If you are looking for a discount, there is a slight chance of it visiting the $109 region before moving higher
INFO consolidating above broken resistance!* Excellent earnings year over year
* Strong up trend
* Broke out of a month long consolidation
* Consolidating right above broken level with higher than average volume
* Minimum probable ROI of 6.03% if the trade goes in our favor
* Given the established up trend it will most likely be more than that
Trade Idea:
* Now is the perfect time to get in and ride the next leg higher
* However, if you are looking for a discount, the price may visit the $119 area once more before heading higher!
Note:
* This is a long term hold given its growth
* And it pays out dividends with a Payout ratio of 45.40% which means the company has a lot of room for growth and possibly increasing dividends in the future!
NFLX setting new support levels?* Relatively strong earnings quarter over quarter
* Strong up trend
* Broke out of a 14 month consolidation with higher than average volume
* Creating a new base above broken level of $593.29
* Minimum probable ROI of 28.03% if the trade goes in our favor
Trade Idea:
* Now would be a great time to get in on NFLX as it's creating a new base right above the broken level.
* $593.29 is expected to hold as support
* A break below that would make $575.37 a nice entry if you're looking for a discount.
* Worst case scenario we could see a low of $558.30 which would be the last level of support before further downside.
WRLD to move higher?* Relatively stable earnings
* General up trend
* Broke out after 2 months of consolidation with higher than average volume
* Price consolidating above broken level of 192.56
* Recently used 2019 highs of ~174.15 as support
Trade Idea
* The price will either consolidate here or revisit the 189.60 area before moving higher.
* If you're looking for a discount, you can look for buying opportunities around the $189.60 to $190 area
* Or you can get in now and experience some downside before heading higher.
IR broke out of consolidation* Strong earnings quarter over quarter
* General up trending
* Trading at higher than average volume
* Potential to give +16% ROI
Trade Idea:
* If you're looking for a discount look for buying opportunities around $51.61
* This is trading at higher than average volume so there are chances that it may continue going up. If you're not so much of a discount person, getting in now would be ideal.
TPX breakoutTPX made a base over base and broke out!
Fundamentally, it's earnings and sales have been growing more than 30% quarter over quarter and is expected to continue growing.
Technically, it's been in a range since March 2021. After the earnings report in July it broke out of the range and started consolidating above the previous range creating a base over base pattern. A break out of such a pattern can prove to be very powerful.
Trading idea:
* A pull back to retest the $44.50 area is likely so look for buying opportunities there.
* If you want to get in regardless of a discount now would be a great time to get in and ride the wave!
MIME, new all time highs.MIME broke out of the late 2020 to early 2021 resistance of $59.24.
It has been beating its earnings expectations consistently with only a few misses and is expected to do even better in the coming year.
Looking at the long term price action of MIME, it's on a steady up trend. I think MIME may consolidate a bit, testing the broken resistance as support, before moving higher.
Trade Idea
Look for buying opportunities around the $59.24 area if you're looking for a small discount.
Otherwise, you can get in now and ride the wave!
LUNA Waiting for the resistance to breakBINANCE:LUNAUSDT
Fibonacci range obtained from previous wave extensions
Are that have a high reputation and if the price is high
A stabilization at 1.618 could move well upwards
And now the price can have a slight drop in the form of correction
And move up again
CHZ Target: 0.45CHZ has just broken the 0.39 resistance it has been battling with for a few days now. Now it looks ready to make an expansion move up to 0.45, which appears to be the next resistance. Keep in mind that the RSI is slightly overbought on most time frames, so expect some sideways consolidation or a few dips along the way.
ADA-USDT (All Time High- Breakout)With Cardano at the cusp to enter into the Goguen era with the implementation of Alonzo Purple , it marked the deployment of the first fully public Cardano testnet that supports the smart contract functionality. With the tentative launch of Cardano mainnet by the end of August/early September, Cardano’s infrastructure will provide the groundwork for the development of dApps and the creation of new assets on the Cardano blockchain, therefore, making it smart contract efficacious.
The support to the lower side is present at $2.45 while it may face resistance at the levels of $2.85 and $3.15.
Breakout? Is Nike going to breakout this week to new highs?
As indicated by Kurutoga Cloud ( shows support and resistance ) the most recent 45min candle shows it has broken through resistance & MACD shows growing bullish strength.
The second wave looks to have been broken on the Elliot Wave as we are entering wave 3.
Comment your thoughts below!
LSCC broke resistance and looking to move higher!LSCC (Lattice Semiconductor Corporation) showing signs of going higher. It recently broke out of the ascending triangle resistance around $58.38 but not with more volume than average.
Fundamentally: The company's been doing pretty well with its earnings growing consistently year-over-year.
Looking at technicals I think the price will go sideways in the coming week and may retest the $57.60 to $58.38 area as support before moving higher.
Generally I think this is a good long term hold as well since semiconductors are used everywhere.
If this breakout plays as expected the target price would be around $77.75