I have this quotient in my watchlist to monitor the risk appetite of the market. The AMEX:XLY ETF (Consumer Discretionary) is a good indicator of high risk appetite because its holdings are more focus on growth therefore are more volatile. And the AMEX:XLP ETF (Consumer Staples) is more focus in value stocks, therefore less volatile. AMEX:XLY with holdings...
NASDAQ:NIU has good footprint forming a VCP in the last 13 weeks while above the 200 day moving average. Is not the best type because I like to see this with price also above the 20 and 50 day moving average, but still is worth to look at. Is very possible that a good rally is on the way. Also, the stock has a 92 rating for the IBD Relative Strength; one of the...
The price of KRAKEN:XBTUSD its being forming the volatility contraction pattern (VCP) while above the 50 day moving average, good sign. The price has been trying to breakout above 62k, if that happens I think I´ll add to my position in OTC:GBTC , which is also forming the same pattern. The bad thing is that the last 3 trading days the price closed below the...
The price of NYSE:SQ is back above its 50 day MA and going for the breakout. I had this stock before the correction and got a really good profit, I think I can do it again. The thing I like the most is that is clearly a market leader. I wanted to compare NYSE:SQ with its real peers, so, AMEX:ARKF is the perfect ETF to do it. The quotinet shows I good...
I've been tracking this one for about two weeks and today it looks like is going for the breakout. It may not occur today but I think it will happen soon enough. That could be my entry point, depending on the buying volume. I like this stock because is coming from a good uptrend, it held really well during the market correction, and the past 3 quarters had better...
NASDAQ:INOV finally good technicals. Price above its 10, 20, 50 and 200 day MAs, 3 months with good buying volume and breakout from a cup and handle pattern. This are all the kind of technicals I need to see to consider a stock. Now I went on to check the fundamentals and according to Reuters, NASDAQ:INOV has a Gross Margin of 74.86%, that's pretty good for...
I have a poisiton in this ETF since July 2020 and it has been great. Is not a superperfomer but I have a 14% return with low volatility and recently is has held very well. Now is looking very good to buy again and have a very good Dollar Cost Avegare. Yesterday's buying volume was way above average and today it may breakout while being above its key MAs. That is...
I really like the techniclas of NSE:INFY , it has done three breakouts with good volumen and it stayed strong during the market correction. The price is above its key MAs, is in the list of 52-week highs in Barchart and is ranked 4th in its industry by Investors Business Daily with a relative strengh rating of 81. I mean is almost too perfect to be true so, I...
I usually use this chart to see the health of the stock market. The INDEX:MMFI is a good indicator to see if an uptrend is backed by the mayority of the stocks that play the market and not only the big caps leaders. This little divergence between the price action and its RSI shows that this indicator may go higher. Although, is a short term time frame so I'm...
I have a position in NASDAQ:MSFT and I'm waiting for a better set up to buy again. Right now is testing support in the $230 zone, this would be a good signal to buy but is too risky. I always preffer to buy on breakouts. The godd thing is that the selling volume it hasn't been to great but still, the market is too volatile right now. The best thing to do is...
I read Ark Invest's Big Ideas for 2021 and according to them NYSE:DDD and NASDAQ:SSYS are the leading companies of the industry. As you can see in this chart, there is a clear winner when it comes of ROE, but I'll be buying the first one that plays by my rules. At the moment NYSE:DDD is ranked 3rd in its group by IBD Investors and NASDAQ:SSYS is ranked...
Looks like BITMEX:XBT will hold the uptrend. Is forming a classic symmetrical triangle, while holding above the 20 day MA and the selling volume is been decreasing. This are all good signs for a healthy uptrend. So, now I think the best thing to do is to wait an upward breakout to buy. As I trade for stocks in Folionet, I'll be buying OTC:GBTC . According to...
Looks like I was right about NYSE:SQ . It rebounded really well from the support area that I highlighted in my previous analysis, and today is making ATH while doing a strong breakout from it's resistence in $245. I could be a really good buy point depending on how it closes today. As the day to report earnings approaches I believe the volatility will increase...
I wrote a previous analysis stating that NASDAQ:TRIP would very likly to behave the way it has done the pass days so now I have a +30% profit on this one with no more risk. Now depending on what it does in this upcoming weeks I'll sell or just let it run. I was tought to let winners run if the stock is in an uptrend, and everithing I see in this stock is telling...
This stock is amazing, is been going for breakout after breakout. I entered NYSE:SQ on November 4th and I thought that I entered very very late, look at it now. I have a very high expectative on this one not only because its price movement, also because is a favorite for Ark Invest. They are holding NYSE:SQ on AMEX:ARKF and AMEX:ARKK with 10% and 4%...
It looks like NASDAQ:MSFT is making another breakout, which could be another buy signal. The thing is that the buying volume is not to encouraging. A good thing could be to wait and see how it plays out thru this week, but the stock is still in up trend so is really up to your risk appetite
It appears that the uptrend for NASDAQ:PZZA is still strong as it rebounded form a very good support at $85. This zone converges with 4 support signals; previous high, uptrend line, 20 day MA and 50 day MA. This could be a really good buy signal also because the price made a breakout from a pennant pattern with good buying volume. I already hold some in my...
I often look at INDEX:MMFI to keep an eye to the momentum of the market in general. For me its like another Advance Decline Line of the TVC:SPX but with a little better information. Now I can see that for the past 6 years, every time that percentage hits more than 84%, the TVC:SPX is in the beginning of really good bull run, but normally is just after a...