lauralea

lauralea

I see a cup and handle/Hypothetical Break out at 112.5 Target 1: 135 to 145 Target 2: 182 to 200 My stop is at 92 Vision without action is a dream Action without vision is a nightmare..so do your research,,,I find I do better when I trade stocks I like verses what everyone else likes (o:

lauralea

PENN is struggling to say the least and looks to be trading in a cup and handle pattern. Possible break out at 39.5 Short interest is fairly low. Earnings 8-6 BMO Stop is below the handle low or the mid cup level. The handle low has held so far. If I really like a stock and think it will go all the way, I go with my gut and get in at the handle low due to the...

lauralea

V bottom with break out over prior high (62ish) Targets are 81 to 87 Target 2: 102 to 115 The most important body part for trading can sometimes be your gut (o:

lauralea

I see a cup and handle on JNJ. Earnings 7-16 BMO JNJ fell out of the rising wedge she used as a missile to get off the bottom after the corona balona crash Hypothetical Breakout 154.7 Targets; 171 183 190 Target 2: 210 to 222 Stop below handle low, or mid cup level depending on a person's tolerance Do your analysis and trade safely

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WOW. I have been in this one since it was at 62 just because I love the stock..but Holy Cow!! Anyway, it would be tough for me to get in now without a significant pull back and SQ is known to be volatile! Just has not been volatile as of late..just keeps going up and up. So I sold half today. I may regret it but I am trying to play it safe. Not always the...

lauralea

AutoDesk broke out a little while back from the cup and handle pattern Possible Targets? 247, 264, 274 Target 2: 320 to 350

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XLNX looks to be in a symmetrical triangle and is also possibly in a rising wedge pattern which can be bearish. It is pulling back after trying to break up through triangle. There is also a gap up that may be filled. I will wait on this one but could develop soon

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Pepsi has earnings in July so I am watching. Break out level has changed a bit like everything does in the market Possible Break out is now 135.5 as Pep is trading in a Flag/bullish pattern. Flag patterns are only valid when prices breaks out Stop: Mine would be below 124.5. Flag pattern provided support for this stock. We all have different tolerance for our...

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STZ announces earnings in the am BMO Risky business to trade before earnings...and STZ is a long way from breaking out of it's V bottom If the market responds well to earnings, the stock will most likely break out. If the news is received poorly, STZ may hit the gap under 149.5 Either way, risk is high. I hate these because if they beat earnings and the stock...

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To my surprise AYI Beat earnings / EPS today Acuity brands is trading in an ABC bullish pattern ad break out was 91.5 Perhaps there will be a pull back tomorrow as there often is. It looks like AYI was stopped cold at the bottom of prior gap down. Perhaps a level to watch Target 1: 114 to 121 Target 2: 140 to 160 I will place my stop under 85 Hypothetical trade...

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I see PCAR trading in a possible cup and handle pattern with a hypothetical break out at 81.25 which is over the old high from 2019 I often use the handle low as a stop but you can also use mid cup level as a stop if the stock is super volatile (like SEDG)! The top blue line is the handle low (my text did not stick) (o: at 70.88 (ish) Mid cup is 65 (ish and the...

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Lowe's has been spectacular and ran right back up to top it's prior high. It has pulled back a little since hitting that high but not sure if it is enough I see an ascending triangle but I also see a small rising wedge , and the stock has yet to fall out, but is hanging on the bottom. The stock is overbought on Stochastic's but not on RSI . Too iffy for me so I...

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NCLH has taken a lot of flack like all travel associated stocks. It is trying hard to break out Possible break out is 17.5 Stop: I would set mine below 14 Target 1: 25 to 28 Target 2: 35 to 42 This stock is out of favor as of late and is probably a risky one and anything can happen!

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Alaskan Airlines is trying hard to break out! Hypothetical break out hit today at 36.5 Airlines have not been in favor so for me, this is one to watch carefully or keep long term. Target 1: 49 to 54 Target 2: 65 to 75 My stop is under 32.5

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BMY pays a good dividend and I like the stock Short ratio fairly low and BMY fell out of it's rising wedge several weeks ago. Since then the short interest has decreased. Earnings are not until August Possible entry : 56.5 Stop: Under 53.5 Target 1: 65 to 69 Target 2: 78 to 85 Anything is possible so be sure to do your research!

lauralea

I see CAG trading in a cup and handle pattern and earnings are tomorrow bmo . CAG has fallen out of the rising wedge and support may be at 31 ( ish ) Trading before earnings is very risky so do your research and CAG is not quite to breakout which is 35.7 Targets are between 40 and 43

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Roku is now trading in a symmetrical triangle. Valid only if consistently breaks out over the triangle which is 133 (ish) Volatile stock that can change patterns in a heartbeat and I am glad I waited for a pull back Now I would wait for a more significant pull back as I am more of a bottom trader when closer to support. I calculate support to be around 101 to...

lauralea

Perhaps Value and the old stocks we love are trying to come back? Market has been "different" to say the least and have found it difficult to go with what has been popular since the Corona crash. I do not think all the old winners are going away, they are just taking a breather perhaps. JPM has fallen out of the rising wedge which are often bearish, so I feel it...