Closed back below the 50ma but if that inverted hammer reverses i will look to buy the breakout above previous days high
Keeping an eye on this one textbook swing trap which popped on a 10% short float. End of day volume came in to flushing out the shorts Can clearly see the changes from sellers taking control to buyers trying to take back the stock only for sellers to take control again now that momentum has ended and buyers are back. To some this will simply look like a...
Huge e.o.d volume... Triangle looks nice too lol
Undervalued should be a nice run up from here!
Up 5% today with strong finish Definitely on my watch list for Monday
Wallmart looks interesting from that deep wedge nice little inside day yesterday looking to buy on a break above 89
Consecutive down days with inside day hammer on high volume sitting on poc support ma's converged hourly side trap reversing with e.o.d volume surge looks good could well be breaking out to new highs soon
cbio has been popping up multiple times on my scans playing around in my action zone between the 10ma and 30ema with 5 consecutive down days + nr7 inside day on low volume. Looks to be holding those supports quite well, triangulating and Volume has been drying up nicely. I would normally like to get in just above that inside days high but with current market...
FTK Looks like a perfect rounding bottom, would have liked to have seen a little more volume accumulation coming near to the end of the pattern but nether the less it is a long period of consolidation looking to buy above yesterdays high targeting $8-10 initially
fanh has been really strong 360% above its 52 week low and less than half a percent below 52 week high. Held up really well with market noise recently and Lots of positive volume accumulation. Also made another convincing new high on big volume on the 26th indicating this could want more . Buy stop just above yesterdays high targeting $36-37
Hewlett Packard Gapped up nicely on earnings and looks to have flagged printed inside day with high vol Friday. Will look to buy breakout just above previous days high 19.30
Viking therapeutics has been another big performer which i have been keeping an eye on. I'm not sure about the trend continuing on from here but this does represent a nice swing trade falling wedge back in to support with some nice wicks on those hammers showing us some strong buying pressure at that level. If this moves i will look to play it back around the...
Viking therapeutics has been another big performer which i have been keeping an eye on. I'm not sure about the trend continuing on from here but this does represent a nice swing trade falling wedge back in to support with some nice wicks on those hammers showing us some strong buying pressure at that level. If this moves i will look to play it back around the...
I missed the train on that one but that flag sure looks sexy! WDC has been pumping since breakout right in to $100 resistance i would love to see a pullback on this to jump on board with eyes on $120.
VRS is looking more like a top to me maybe only for the short term but those price levels above $18 have been getting rejected with selling pressure on that recent hammer, printed inside day with volume will look to short on a break below previous days low.
Fox represents a a nice setup double inside day on low volume, ma's converged. On watch