dpuleo19

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Yesterday the price of NASDAQ:TSLA made a breakout from a downtrend line with good buying volume. It has pretty good relative strength against the market and the ADX is the 20s, stating that its not on trend yet. So, this could be the start of another bull run. NASDAQ:TSLA has a IBD relative strength rating of 80 and is Rank #1 in its industry. Still, it...

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I missed this stock last year but I think is giving me a second chance with this setup. Bullish divergence with the MACD, while making a head & shoulders pattern; that's a clear reversal sign for me. The price is on the path to making a great breakout. Price above the 200 day MA and the neck line of the head & shoulders pattern. And, would also be a breakout above...

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The image speaks for it self. On the second quarter BITMEX:XBT formmed a rising wedge; with divergence with its MACD, that made a downward breakout and then a pullback near the bottom line giving a strong sell signal. The price declined -50% after that. Now, on the third quarter Bitcoin is making the same pattern but on the upside. This time is a declining wedge...

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NASDAQ:BNTX is in a strong uptrend, and last week tested its 50 day MA and its bouncing really good. Today is in focus as the price broke out a continuation pattern with good volume. Also, the MACD is close to make a buy signal with a bullish crossover. BioNTech has a IBD relative strength rating of 97 and is Rank #2 in its industry, just behind NASDAQ:REGN ...

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Arista Networks NYSE:ANET is a company that delivers software-defined networking solutions for large datacenter, cloud computing and high-frequency trading environments. According to IBD is the leader in its industry (Computer-Networking Group). I compared Arista Net to AMEX:IYZ , an ETF concentrated in telecommunications and NYSE:ANET is leading the...

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NASDAQ:UPWK is in a clear uptrend and last week made a good breakout from a large base in which I took a position. On the last 10 trading days, the tech stock has 5 days up and 5 days down. Is a little unclear for me if it can hold gains so, my stop is at breakeven. I have a price target of $62.18, but if it continues to move up strong enough I'll sell have my...

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NASDAQ:COIN could be starting a reversal. The MACD is been going up with the price which today broke above its 50 day MA but it still needs to make the breakout from the $252 resistance. Once that happens could be the start of a good uptrend. The crypto exchange has had strong revenue and EPS growth, being 2021 its best year. One the first quarter, reported a...

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The stock formed a long base while above its moving averages and in the last weeks is been leading the sector. So, I took position on NYSE:SNAP on the breakout above the $65 resistance level. Now waiting to a good follow through to buy more. A good buy level for me would be higher than $69.60. The risk/reward ratio (2:1) has a target price above another...

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So the technicals are great, excellent uptrend with the price above its MAs and now formming a third base in which I'm waiting for the breakout to enter a position. The pattern is accompanied by low volume, that's good too. Also, is leading its sector. Very strong realtive strength against the Steel ETF AMEX:SLX , which has a 17% allocation of the stock. Today...

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I usually have a number of stocks that I like because of the fundamentals, and I just wait for the technicals to do what I like. This time NYSE:U is doing it in a very good way. The price is not yet above its MAs but it has a strong divergence with the MACD and the ADX is below 20 points, all this while formming a "low cheat" which is like a mini "cup & handle"...

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NASDAQ:CRWD looking good. Formming a volatility contraction pattern (VCP), price above 20d, 50d and 200d MA , better than expected earnings for the last 3 quarters and the sector is having a good relative strength against the market. So, now I'll be waiting for the breakout above $227 to entry. Another thing worth mentioning is that its price earnings ratio...

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The Innovators ETF AMEX:FFTY is being underperforming the TVC:SPX since February. This ETF is concentrated in growth stocks; so is a good barometer for that sector of the market. I see a volatility contraction pattern (VCP) with lowering volume, classic pattern before a crazy breakout. This breakout could be upward or downward, the thing is to be reactive....

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I'll open this saying that always wait for confirmation. Now, all I can see in this chart are bullish signs. The ADX is above 40 points stating the end of a trend. The MACD is making the bullish cross while in good divergence with the price action for the last month. Last week OTC:GBTC made a bullish candlestick pattern called "the island reversal", is when two...

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The chart is really looking good. Confirmed uptrend with a VCP formation while above its moving averages accompanied with decreasing volume. Also, it has a very good IBD Relative Strenght rating, 92 points. For me is a good stock to buy but I'm being very carefull, there has been a bunch of failed breakouts lately so wait for confirmation. I'll wait for the...

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OANDA:XAUUSD is showing divergence with its RSI. I'm nobody to say this but normally when that type of divergence occours is a bullish sign. Still, it has a lot to cover. Gold price is +6% down from the 200 day MA, it hasn't break the downtrend line and the $1,800 range might act as a strong resistance. I'll have an eye on this.

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NYSE:TSN looks great, is clearly in an uptrend breaking out of a second base after beating EPS estimates last week. The thing is that I don't see volume action, or a good follow-through. Still, I keep my eye on this one. Industrials have been leading the market for the last weeks and NYSE:TSN is one of the leaders of the Food Production Industry, is rank 3th by...

dpuleo19

That's what I have been doing for the last few weeks. I sold almost all my positions and I'm mostly in cash now. I can see the Nasdaq TVC:IXIC is forming a second base in the bull market that began in April of 2020. History can tell that this is just another rest before the next bull run in the long term trend. This base is very similar at the last one formed...

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NASDAQ:FFIV is been forming a base for the last 12 weeks while been above its key moving averages. I'm waiting for the pivot buy point above $215, which could be the start of another leg up. This move up could be trigger by th upcoming earnings report, the best thing to do is to wait and see if it actually happens. Another good thing about the stock is that is...