Looks like the MACD could be turning back up with stock breaking out of consolidation. The sector is still pretty hot.
UPST consolidation and now possible breakout. MACD looks to be confirming
ANF has been one of the best performing retailers so there is momentum there. MACD crossing up and better rate cut environment gives it room to continue.
Robotics is a good sector and with the FOMC behind us we could see some momentum. MACD still needs to cross over but the bottom may already be in.
NVDA MACD histogram already turned up. FOMC behind us with the rate cut as expected.
AMAT also has a RSI divergence. The tech sector is making a comeback and AMAT has the potential to rally even more.
SMCI also has a RSI divergence. The negative about it is that it has been beaten up a lot. The sector could get hot again.
MACD histogram crossed up with market stabilizing. MSFT also in AI sector that can get hot again.
MACD about to cross up and down trend line break. 20 ma still needs to be broken through.
IOT broke out over resistance and MACD crossing up
PGR entered consolidation in April and broke out two days ago on the 15th. There is some activity about PGR on Twitter/X.
It started narrowing in June and then has come out today .
IRBT has been narrowing since mid-May and is breaking out today. Not a lot of activity on Twitter. My stop loss is 8.50.
HIMS breaking out of small consolidation range and may be a continuation of the larger uptrend. It didn’t close above the 20 MA yet. Good amount of activity on Twitter/X on the ticker.
BRK entered consolidation in April. It is breaking out today on the long side. No news.
SRE has been in consolidation since late May. Today breaking out on the long side. No news serving as a catalyst for a move and very little attention on Twitter. So an okay set up given all that.
TGT had a downward trend since April. A lot more post on TGT on Twitter/X. No news and earnings on August 14th.
CHWY bouncing off of the 20 ma after consolidation there. A meme like stock now so possibility of a large move.