


* Great earnings * Very strong up trend * High 3-month relative strength in the Industrial sector * Built an 11 month base between $196 and $227.80 * After breaking out it started consolidating in a very tight range creating a base on base pattern * Consolidated for about a month and now breaking out with higher than average volume Trade Idea: * If you can...
* Exceptional earnings * Very strong up trend * Very high 3-month relative strength in the Consumer Cyclical sector * Pays dividends * Breaking out of a 5 month base * Formed a cup and handle pattern with a base depth of ~28% and a handle of ~2 weeks * Breaking out with higher than average volume Trade Idea: * Now's a great time to get in as the price is...
* Great earnings with acceleration * On the longer time frames, it's mostly sideways but has started a new up trend * High relative strength in the Energy sector * Broke out of a ~4 month basing pattern before making the leg higher. * Consolidated in a tight range of 3.77% before breaking out again * Maximum probable ROI for this trade would be around 26.70% ...
* Good earnings * Steady up trend * High 3-month relative strength in the Financial sector * Breaking out of a ~9 month consolidation with higher than average volume * Has been testing broken resistance as support for the past 5 days * Maximum probable ROI is 22.38% if the trade goes in our favor Trade Idea: * Now's a great time to enter as the price is really...
* Excellent earnings * Strong up trend * High 3-month relative strength in the Financial sector * Breaking out of a base on base pattern with higher than average volume * Was consolidating for ~3 months prior to building another base Trad Idea: * Now's a great time to enter as the price is close to the broken level and volume is picking up as well. * If you're...
* Exceptional earnings * Very strong up trend * High 3-month relative strength in the Industrial sector * Breaking out of a ~8 month base with higher than average volume * Recently broke above the pivot point of $232.47 and used it as support for 5 days before moving higher * Retested the broken resistance as support * Pays generous dividends Trade Idea: *...
* Exceptional earnings * Very strong up trend * High 3-month relative strength in the Healthcare sector * Offering a pocket pivot entry with little to no resistance * Forming a text-book cup and handle pattern with a ~11% deep base * Base forming for the past ~10 weeks with a tight handle of ~3 weeks Trade Idea: * Now's a great time to enter on the pocket pivot...
* Perfect earnings * Very strong up trend * High 3-month relative strength in the Tech sector * Offering a pocket pivot entry near the resistance of a 16 month base * Looking at the monthly chart, the price used roughly the mid of that range ($279.39) as support before its previous attempt to break out. * Last month it used $279.39 as support again before moving...
* Great earnings year-over-year * Very strong up trend * High 3-month relative strength in the Industrial sector * Was in a ~7 month consolidation * Recent earnings caused a break away gap and a tight range for 3 weeks * This created a base on base pattern * Breaking out of a very tight 3 week consolidation of 2.49% with higher than average volume Trade Idea: *...
I last spoke about this around mid October as it was breaking out of from $342.15. Since then it rallied higher and then consolidated for 3 weeks. This consolidation also created a base on base pattern. Now it's breaking out of the consolidation as earnings approach. The best part about this is that it was consolidating as the general market was in a small...
* Great earnings year-over-year * Strong up trend * High relative strength in the Real Estate sector * Breaking out of a ~7 month base * Recently used a multi-year resistance ($35.05) as support * Looking at the weekly chart it seems like RYN is ready to continue its move to new all-time-highs Trade Idea: * If you can stomach a little volatility, now's a great...
* Great earnings * Strong up trend * High 3-month relative strength in the Real Estate sector * Pays out dividends very generously * Recently broke out of a multi-year range dating back to 2016 * Recently used the resistance of that range ($43.99) as support * Has been consolidating for the past ~6 months * Offering a pocket pivot entry with very high volume and...
* Exceptional earnings year-over-year * Very strong up trend * Incredible 3-month relative strength in the Healthcare sector * The day of the earnings report we saw an incredible rally * Before breaking out, was consolidating for about 6 months * Consolidated for 3 weeks in a tight range of 3.82% * Created a base on top of base pattern * Breaking out of the 3...
* Exceptional earnings year-over-year * Very strong up trend * High relative strength in the Tech sector * Pays out dividends * Breaking out of a cup and handle with higher than average volume Trade Idea: * Now's the perfect time to get in as the price is very close to the broken level * Looking at the weekly char also gives a lot of confidence that this is...
I last spoke about this back in late September as it was forming its cup with handle pattern. The stock since then broke out and rallied higher from there. Due to the current market correction the stock did slow down but now is looking to continue its move. The tight consolidation it was in during this short correction indicates that institutions were...
I last spoke about this on October 29th as it was breaking out of the resistance at $152.85. At that time I did mention that this may end up consolidating for a while before it's ready to move higher. Now CPRT is offering yet another entry and it seems like it's ready to move higher from here. What's really interesting about this is that it consolidated while...
* Okay earnings * General up trend * High 3-month relative strength of 4.02 in the Healthcare sector * Recently broke above the early 2020 highs of $31.48 with a break-away gap * Breaking out of a 20 day tight range with slightly higher than average volume * During this consolidation the volume was very steady with some spikes in buying. This shows institutional...
* Consolidating right around the breakout point * Retesting it as support * Price is in the buy zone right now. Estimated conservative target at ~76.64%; indicated by the red line.