jcrutcher

jcrutcher

AFIB is showing big volume at the bottom of the pattern; you can see the monthly has huge volume on the hammer and a good chance to turn green next week before the end of the month. Watching for a break and hold of the 18 level. Volume dropped off towards the end of next week so a pull back may be due before we see a push through the trigger area. Another big...

jcrutcher

AVLR approaching resistance. I'd look for it to pull back a little around resistance as it was losing volume on the way up last week. Targets and stop shown on charts.

jcrutcher

MDLA approaching quarterly resistance looking strong. Building bigger green volume bars up last week with a low volume red bar on Friday. About to turn the hammer on the monthly and quarterly green (month and quarter are still linked for one more week). Looking for a break and hold above 34.48 with stop at 33.47. Big upside potential on this one.

jcrutcher

Looking for a break and hold over 81.25 to bring the quarterly rev strat into play. Wait for confirmation as you can see it tried to breakout Friday but squatted back down.

jcrutcher

Entry and profit targets shown in purple, stops in red. Looking for a solid close over 145.30 to bring the quarterly 2-1-2 into play. Wait for confirmation through price action, you can see it already tried to break once and failed.

jcrutcher

DASH is another stock I see excelling in the near future. People are getting lazier and COVID got them way to comfortable staying at home (and being lazier) all the time. We are coming up on resistance at 184.28 which is a 2-2 reversal on the quarterly and 2-2 continuation on the monthly. Look for a push and hold above. Stop is at the red line where quarterly and...

jcrutcher

Picked up some TWLO today off the quarterly break. Stop placed at red line 396.00 where the quarterly/monthly(these two are still linked right now) would turn back red. Shooting for 457.30.

jcrutcher Updated 

KYMR just busted through the $52.94 resistance. This triggered a rev strat reversal on the quarterly chart as well as a 2-2 continuation on the monthly. I'll be waiting for a light volume pullback for long entry. Keeping position size small in this choppy market. Also not incredibly impressed with the volume today considering an almost 10% jump. We'll see what happens.

jcrutcher Updated 

PTON is one of those companies I see being an outperformer in the coming years. Fitness is becoming more and more popular and COVID has caused more people to look into home workout equipment. I'd like to see it over $127.98 and hold. This will be a 2-2 reversal on the quarterly and 2-2 continuation on the monthly. First PT is 152.51 or a reversal on the weekly.

jcrutcher

So DOCU recently had a simultaneous break on the quarterly and monthly through $286.51 but I missed the second break out after the first pullback. We have a possible broadening formation though so we may get a short 2-1-2 entry on the daily back to support where we could potentially turn around and go long on the long term. Trigger for the short is below the low...

jcrutcher Updated 

We have VMW approaching resistance to the downside on the quarterly chart at $150.18 with PT at 130.50. I have been seeing a lot of these breaking or tapping the quarterly resistance line only to turn around and go back through the consolidation area so watch out for that. I will be watching for it to go below 150.18 and hold there with maybe a slight pullback to...