dpuleo19

dpuleo19 Updated 

This Steel-Producer might be the percfect example of good technicals and good fundamentals. After a good bull run from March to August is been forming a base that has been tightening from left to right, with low volume on down days and high volume on up days. That is the kind of action I like to see before a buy signal. According to @TradeStation, for the nine...

dpuleo19

Is in a confirmed uptrend and now after a volatility contraction pattern (VCP), AMEX:CGW is showing a pivot buy just above $60. My trade will be buying above the pivot with a stop just below the 50-day MA and a target sell at $66. Low risk trade with a 2:1 risk/reward ratio. NASDAQ:PIO , another water supply ETF is behaving very similarly but, I prefer ...

dpuleo19

Steel Partners is one of the leaders in the acquisitions business and with a well diversified portfolio reported an increase in revenue of +18.70%, as compared to the same period in the prior year. Also published an increase in EPS of +24%, but its net income and net margins decreased. This aren't the best fundamental siganls but at least has two quarters in a row...

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SentinelOne is a cybersecurity company with presence in the US, UK and Tel Aviv. Some of its clinets are Aston Martin, NASDAQ:JBLU , NASDAQ:ADSK and NYSE:FVRR . Its Price/Earnings ratio is negative but had a +120% change in sales from the last quarter. That's the kind of fundamentals I like to see on IPOs. As is a recent IPO, its stock price is still too...

dpuleo19 Updated 

After NYSE:PSB topped in mid-April has been forming a long base. I see a "low cheat" with a breakout above $168.88 with a good follow through above $165 resistance zone. Today is making that second breakout and could be a good day to get in the stock. I'll be waiting for volume confirmation. NYSE:PSB has a IBD relative strength rating of 77. Is not the...

dpuleo19 Updated 

Whenever I miss the chance to buy a breakout of a leading stock, I look for other stocks in the same industry. As my personal account is still too small to buy a stock like SIVB , I've been watching PNC to buy when it breakouts from its large base. This strategy has helped me to capitalize industry moves. A good example was when I missed TBK but bougtht CASH...

dpuleo19

In the IBD ranking, NYSE:ARW is number 9 in its industry. While NASDAQ:TRNS is number one, which already made the breakout and has a +20%. Since I missed that move I´m focusing on SET:ARROW . The electronics parts distributor has made 3 higher lows and shows a pivot buy above $123.50. With a stop loss at $118.27, my target sell will be above $138. I´ll be...

dpuleo19

The commercial bank is making an ascending traingle, or a volatility contraction pattern. Volume is been declining throughout the formation and the price is above the 21 and 50 day MA. Also, has a IBD relative strength rating of 93. These are good technicals. Next week reports earnings and the estimates are a $0.60 EPS, anything could happen after that report. I...

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Focus Financial Partners, LLC is an investor in independent, fiduciary wealth management firms. It has been one of the leaders in the shift of financial advisors from wirehouse broker dealers to registered investment advisers. With a Rank #1 in its industry by IBD and a RS rating of 85 confirming the uptrend. Since March, NASDAQ:FOCS formed a good base with a...

dpuleo19

The stock has been making a flag pattern after the market topped. If we take the runaway gap made at the beginning of July as the initial move before the flag, then is a 57 point move. According to the flag pattern measure rules, if a breakout above occurs, then the price of NYSE:IIPR should get to $300. Last week rebounded from its support at $222 with a nice...

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A lot of analyst have been publishing bullish outlooks for AMEX:XLE . But we have AMEX:OIH in our portfolio for long term position and now is also making several bullish signs. Bullish divergence with the MACD, above average buying volume and price action making a head & shoulders pattern (reversal pattern). This trade would be a short term trade. The buy...

dpuleo19

F5, Inc. is an American company that specializes in application delivery networking, multi-cloud management, application security, and online fraud prevention. This stock has a really good relative strength against its sector, the quotient with AMEX:IGN confirms that. Recent price action shows an island reversal pattern, downward and upward gaps around $200 and...

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NYSE:U is probably making the comback. With this head & shoulders I would buy the breakout above $115. Also the price is making a bullish divergence with the MACD but the price is still below the 200 day MA. I think it needs to break that level to actually start a good bull run. I'll be waiting.

dpuleo19 Updated 

I see a lot of bullish signs in NASDAQ:MELI . The MACD is showing a bullish divergence making higher lows, the volatility has decrease with lower and lower volumen and the price is making a "cup & handle" patter; a classic reversal pattern. The only thing that doesn't meet my criteria is that the MAs aren't align the way I like. But, other han that everything...

dpuleo19

The e-commerce giant is been behaving very well since its first breakout from the $1,290 resistance. Now is working its way to make a new ATH with higher lows and respecting its $1,500 support. To confirm the buy zone between $1,650 and $1,730, the MACD is making a buy signal with a bullish crossover. Also the relative strength of NYSE:SHOP against AMEX:ARKF ...

dpuleo19 Updated 

After formming a pennat pattern above its moving averages, today made the breakout with good volume. The detail is that it didn't close at the high but still, I think its a confirmed breakout. Because the stock its very volatile, I got in with half my position. I'll wait until the price breaks above the $7.26 resistance to buy the rest. At first my price target...

dpuleo19 Updated 

After NYSE:AWR made a good breakout with a break away gap from a Volatility Contraction Pattern, is making a good and strong follow through. Also, the MACD is positive and going up. The quotient against the SP:SPX shows good realtive strength against the market; IBD Investors gives a 72 relative strength rating, and is #3 in its industry group. NYSE:AWK ...

dpuleo19

This probable next correction is very odd. As the index price action is showing strong negative divergence with de ADL and the MACD (one confirming the other), there is no euforia. Is like everyone is expecting this to happen. It may be just lack of interest of the market or that is summer time. The Fear & Greed Index is in extreme fear, that almost never...