mroberts1204

mroberts1204

Nice flag at recent highs after breaking out on 01/28 on heavy volume. Watch for a follow through day in the coming days.

mroberts1204

I don't have a position here, but watching to see how it acts. I'd like to see some buying at the 10-day and at prior highs. The question is whether the breakout was a fakeout or if this is just a retest. We'll know soon enough.

mroberts1204 Updated 

CHWY continues to find support at the 10 and 20-day EMAs. The breakout on 01/13 failed to get going and likely shook out a lot of longs. Today looks like it may be trying to extend out from this consolidation. Really easy spot to put on a position and manage risk with the stop around $98. It's possible that this one moves slowly at first as it grinds through...

mroberts1204

It hasn't broken out yet, but MRNA looks poised to continue higher. I wouldn't mind a starter here because risk is so easy to manage. This name seems like it will be obvious in hindsight, but people overlook it now because they want the hot new stock. This technology is revolutionary and will become brand name. It doesn't have the upside that it once had, but that...

mroberts1204

APPN looks great as it consolidates on the 10-day moving average. This stock was a beast in November but has gone quiet recently. Really nice risk/reward if we get a breakout before earnings.

mroberts1204

NLS broke out from a cup w/ handle pattern on heavy volume. It recently came back down to retest the breakout area and bounced strongly off the 10-day moving average. Really great entry this morning for those who missed the original breakout or those wanting to add.

mroberts1204

This chart is disgusting. I don't know what the story is with the company, but it looks bad.

mroberts1204

Looks like CNNE is starting a new downtrend. It recently put in a double top formation and broke it's rising trendline. The bounce attempt failed at the 20-day EMA. Looks like a good short candidate.

mroberts1204

FRSX is a small $700M market cap company in the autonomous driving space. MVIS is currently ripping after hours and may bring some attention to the industry. FRSX is seeing some volume surges lately and looks poised for a breakout to new all-time highs. I put a small starter position on after hours because this could easily gap up tomorrow morning. Will want to...

mroberts1204

TMBR looks poised to rocket higher out of this base. Massive volume recently shows accumulation at these levels. Super small cap spec biotech, but the current market conditions are great for stocks like this. Love today's reversal candle. I went long at $1.81 and will monitor closely.

mroberts1204

I grabbed this one early in the AM, but posting now to document. Was #1 on my watchlist coming into today. Sweet pullback to previous highs and held the 10-day. A really strong mover in the clean energy space. Now clean energy names are catching a bid and this one did not waste any time. I expect it to challenge previous highs soon.

mroberts1204

SGMO is in the gene editing space. Nice setup as it successfully tested the breakout spot and found support. Now launching higher today off key moving averages. CRSP reports earnings this week so we could see a positive catalyst. I took some May $15 calls today.

mroberts1204

CLF broke out from a little flag continuation pattern today while also taking out the short term MAs. It pushed off the 10 and 20 and looks poised to challenge the previous highs.

mroberts1204 Updated 

Don't know exactly why, but COVID stocks are acting well. Look at FLGT, QDEL, PTON, NLS, ZM, TDOC, and the vaccine manufacturers. Meanwhile the market looks like it's breaking down. Maybe we'll get a nasty second wave. No idea. But ZM looks pretty solid here and I don't hate it as a long trade. It broke down from an obvious head and shoulders top, but bears...

mroberts1204

Low cheat handle in STMP is buyable IMO. Some of these early leaders breaking out again. Similar setup to ZM.

mroberts1204

The chart is clear - this has the look of a huge flag breakout that could easily double in a short period of time. It's an obvious long without the narrative. But I've been watching this company for some time and love what they are focusing on and I find it particularly compelling. 22nd Century Group is a plant biotechnology company that has developed patented...

mroberts1204

MP had a monster run and is now flagging on declining volume. The moving averages have had a chance to catch up and a breakout looks imminent. Adding this to the watch list. Will wait for confirmed breakout.

mroberts1204

The weekly shows this coming down to test the recent breakout from a multi-year base. Not a bad setup on the daily too.