the stock jumped %6 on 6/6/2020, and it is holding up nicely the next day, up %2. there are also news about Uber acquiring Postmate, Uber lunching grocery delevery. Previous down trend now change in character, up with volume. if you like this idea, please give a thumbs up.
SFM is a grocery store operator stock, forming a double bottom, 6/25 up 2.6% with volume, remained up 8.6% for the week and was up 28% in 7 days around last earning. SFM benefited online shopping delivery service during Covid-19 as costumers stockpiled groceries.
stock breakout with 9.2% gain on 19 Jun then consolidated from three days, and today 25 Jun up 4% with huge volume! another important observation: on 24 Jun, general market index was down more then 2% with volume, showing signs of distribution, but WING was only down 0.08% with almost half the usual volume --- a sign of accumulation!!
IPHI is ready to bounce from its its 50-day MA and 10-week MA. there is also a support level at $106. It is up 3.58% on 6/25 with meaningful volume.
Make sure to grab some INMD before it is too late. It is not a good entry right now, but may be like this Friday when it dips a bit or when it sits on the 20EMA. 4 days straight up, RS line looks strong (all time high for this month), volume looks ok.
Not actionable! but, it is really interesting to watch. MDB dropped 8% today shaving all of its profits since 5/19. now it sits at a 200$ psychologically important level. The 50EMA support level ranges from $182.8 to $175. 8% drop forms a sell signal but have to keep in mind that it had an incredible performance from 5/4 to 6/2 where it was up more than 50% from...
This stock is currently sitting on its 50EMA where it is also a Fibonacci sequence. it formed a bluish engulfing pattern with 5% increase in price but only 7% percent increase in volume. Now, this is actionable but I've seen some other traders posting about this stock this weekend, so it make this stock obvious for many..... do be careful.
DXCM continues to cool off, down more than 5% on 6/4 Thursday. This stock is making a key test of support at the 50-day moving average and 10-week moving average. On the minus side, this stock had a shocking volume on 11th of May, but the share price only moved 3.9% and starts dropping since then. the two support resistance levels are: $340 and $305. about the...
Last quarter EPS surprise 28%. this stock has been following it's 21day EMA on its daily time frame. it also has an amazing move back in Feb 06 due to the 77% earning surprise. Support and resistance levels are 25.5 and 23.5. This might not be a good entries, but when the price hits it's 21 EMA, make sure to grab 1/4 position. Axcelis Technologies, Inc. engages...
SS&C Technologies Holdings, Inc. engages in the development and provision of software solutions to the financial services and healthcare industries. good fundamentals. SSNC is consolidating with volume; might be a nice setup for next Monday.
UNH: 1.up with volume 2.break through $270 consolidation 3.green in a red day
up with volume worked for me for most of the time, but these days i realize if it is too obvious, it is not going to work. Especially those popular leader stocks. like VRTX last time was up with volume (4/6/2020) but it consolidated for the next three days and triggered the stop lost. when it is too obvious it not going to work, consolidation is not that bad.
despite the coronavirus pandemic, VRTX biotech is breaking out with volume!
if the market do well tomorrow, Uber could follow this trend line and bounce. It would be interesting to watch.
over all forming a good cup base. but, keep in mind: 1. EPS does not look good 2. Relative strength looks weak it might breakout. or ...
THO looks really nice today. breaking out with increasing volume.
currently is sitting on daily and weekly moving average. bounce is very likely if volume supports the price action.