Weekly timeframe shows a nice bull flag that has formed Target $38
Weekly flagging here between moving averages. Can see $80 quickly upon proper breakout.
On watch for flat top breakout after consolidation Target $34
Nice bear consolidation here. Stop over $70 Target $60 area
On watch for a breakout in the coming days but FOMC tomorrow so wait for that to pass.
I would wait for FOMC before any long trades but here is a stock to watch for swing long vs last week's low.
If JPM can hold the 200 day moving average after FOMC this week, it is worth a shot long vs the 200 day. Keep the stop tight.
On watch for flat top breakout Ideal entry: $150 Target $165
Nice consolidation lately. Targeting $4k upon a proper breakout.
Sticking with the COVID beneficiary theme like my earlier posts. Needs to get over $200 for a first target area of $220. If it can get through $220 - $225, this stock has $275 potential in the coming months.
Very nice consolidation lately in the $180 area. Watch for a move over this area for a breakout to $200. This stock also has 27% short interest which is a recipe for higher prices!
Falling wedge with improving MACD is often times a recipe for a reversal. Target is the gap fill at $26
We've seen some of the COVID beneficiary stocks pan out quite well lately. Here is another that may have found bottom. MACD nicely improving. Watch for it to work through $110 - $114. First target is the $122 gap fill.