$SWIR looks good for an entry over $25.18 if price breaks out from this cup base and has demonstrated good relative strength. IBD has an A- acc/dist rating for this one, so definitely worth keeping an eye on for a bigger move up
$AZN is back over its 10-daily and 10-week moving averages, coming out of a double bottom base. It's ranked highly in its sector (#1) in the IBD50 list and has a composite rating of 98. Whilst not showing any strong signs of institutional accumulation, it's demonstrating good relative strength and technicals. Entry point would be a close with good volume over $67.50
$CDNS showing classic signs of being under accumulation, with a six month base, multiple pocket pivots and an up/down ratio of 1.43 - it has an acc/dis rating of A- on IBD and features in the top 50, with a composite rating of 96. Definitely worth keeping on watch for a break over $168.83
$PFE showing contracting price and volume action and currently testing a long term downtrend. It's number 27 in the IBD 50 this week with a composite rating of 99 and an accumulation rating of B+ suggesting this stock is being bought by institutions and big money
$LI has gained over 100% in 7 weeks and now flagging with a max correction value of 13%, making it a key contender for a high tight flag set up. Wait for price to break to close over the top of the flag pole, with volume, before jumping in - ideally, look for a close over $41.59
$HRMY is a relatively new company in the biotech space and has held up incredibly well since it's IPO in 2020, forming a nice 2 year base. Price is currently sat just under $54 above which are clear skies. The weekly chart shows an up/down ratio of over 2, suggesting significant institutional accumulation
$HRB is sat right under a key pivot, over which it hasn't traded since 2014/15 - there are clear signs of strength and definitely worth keeping on watch
$RDUS has some tight price action under a key pivot, which if it breaks through could fill quite a large gap. This sector is strong and this stock is showing good relative strength along with signs of accumulation
$GO is at a key resistance point and showing solid strength despite weak market conditions; it's in a sector starting to see relative strength and definitely worth keeping on watch
$RCMT this had a great day yesterday, reclaiming all key daily moving averages as well as the 10 week moving average. Good room to hit ATHs over $24.13 ($24.02 could also work with volume)
$AIR has been consolidating nicely around the 200ma and closed just above a previous breakout area level with nice volume. This is definitely worth keeping an eye on as it could move quickly back up to $50, giving it a nice risk/reward ratio
SWIR had a massive run recently and has had a healthy 20% correction to the 50 fib with an U/D ratio of just under 2, which is a good indication that institutions are accumulating this stock. Price is currently under the 78.6 fib and volume is drying up whilst price holds relatively steady; a trade targeting $25 and a stop at yesterday's low (also the open and...
Looks like MICS had a big insitutional buyer recently, showing a huge amount of volume come in that drove the price up after a 30/1 stock split. Price has held since then with an U/D ratio of over 2 - a strong indication that this is being bought by institutions. This could almost pass for a high tight flag too. There looks to be supply at $9.31, but a long trade...
$WEAT is looking really good here, showing classic VCP characteristics with volume dry up prior to a move up. Whilst not a true high tight flag (77% increase in 20d rather than 100%) the correction from the high point of the flag pole (25%) does fit this particular trade set up. Price and volume have been tightening nicely in the flag, with increased volume and...
NTCT is consolidating nicely at the 61.8 fib; needs more volume for the next leg up but worth keeping on watch
KOS has been consolidating nicely the last few day and forming a handle that is coupled with volume contraction. Relative strength is strong on this stock - with volume it can easily clear $8.50 and higher
CTVA had a nice uptrend recently but has had a healthy pull back to the 78.6 fib, which it has held and now looks like it's flagging. In this choppy market, it's holding up well
HAL is showing incredible strength, with a cluster of RS before new highs and even after a day of significant selling, price still held the short term uptrend that also forms the handle in this cup and handle pattern. Over $42.60 and this stock sees new ATHs with just over a month to go before earnings; HAL has done well on the last 4 earnings and in this current...