Looking for a continuation and gap fill on $HII. Trump admin looking to return shipbuilding to the US. Strong curling of MACD/RSI. Pretty simple thesis.
Caution of overall market environment. Watching for bullish move out of high tight daily flag on $BCO. Currently testing 2021 high and .382 fib retracement of covid lows. Greater movement and demand for precious metals and valuables. Potential tariff inflation and global uncertainty also a tailwind for core business. Earnings in a month. Moderate conviction, but...
NASDAQ:ASTS looking pretty ready for the next leg up. Volume increase has typically led to explosive moves in the past. Bullish MACD cross. Space theme still very hot in the stock market. Recent convertible notes offering sentiment suggests the market has digested it. Several recent positive catalysts. Showing strong relative strength compared to the broader market.
NYSE:UBER Cup and handle breakout on daily chart. Reclaim of 50 SMA. Daily trendline support beneath. Need AMEX:SPY to reclaim 50 SMA.
Potential Trump AI infrastructure sympathy play. Could see run up before earnings in two weeks. May need to cool off for a few days as it is extended from all SMA/EMAs. Watching for close over 19.05.