CRWD is forming what is best described as a simple base as coined by Patrick Walker. For it to be completed a smaller cup must be formed on the right hand side around current levels. Completion of such base must be verified by an increase in volume. I believe this is to be seen over the coming weeks.
The stock received favourable notice today when JPM reaffirmed...
WULF is stuck in a tightening range pattern with limited edge om either side. A directional trader would do well to stay away from the stock but range-traders and can very well find opportunity at this level, just before earnings. A short range and pivot has been formed over the last three days, which favours a short move to the upside.
BABA has broken its negative trend, reclaimed its 200-day moving average and done so on higher volume. Add to that a long bottoming base formation and we have the technical considerations taken care of. Trade war tensions are easing, while other regional conflicts are good for e-commerce, albeit not for logistics. BABA is at an inflection point and I believe the...
We are reaching levels where the stock might catch a bid. FED is now understood to be dovish so the risk is to the positive side for any favourable comments. War-worries have dissipated and the seasonal pattern is for the trend to begin risign, imminently. CLSK is the crypto stock with the best fundamentals; REV and EPS. Follow the strongest stocks.
NYSE:BLDR is building a small C&H on the hourly chart, following a good run with higher lows, followed on a better than expected earnings. Looking to enter if market allows me.
Follwing surprise earnings and an upgrade to Buy, NYSE:FN is setting up a pivot for continued price expansion. Let the market digest recent gains for a while and we should see re-ignited moves soon.
