cletibals

cletibals

(5/5) To highlight my point in the previous $VIVO post, here are 5 other charts in the Biotech sector that have shown relative strength lately. Don't get me wrong, the market is still on a downtrend, but should we reverse and start a new uptrend, this sector may potentially be the next one to lead a new bull market.

cletibals

(4/5) To highlight my point in the previous $VIVO post, here are 5 other charts in the Biotech sector that have shown relative strength lately. Don't get me wrong, the market is still on a downtrend, but should we reverse and start a new uptrend, this sector may potentially be the next one to lead a new bull market.

cletibals

(3/5) To highlight my point in the previous $VIVO post, here are 5 other charts in the Biotech sector that have shown relative strength lately. Don't get me wrong, the market is still on a downtrend, but should we reverse and start a new uptrend, this sector may potentially be the next one to lead a new bull market.

cletibals

(2/5) To highlight my point in the previous $VIVO post, here are 5 other charts in the Biotech sector that have shown relative strength lately. Don't get me wrong, the market is still on a downtrend, but should we reverse and start a new uptrend, this sector may potentially be the next one to lead a new bull market.

cletibals

(1/5) To highlight my point in the previous $VIVO post, here are 5 other charts in the Biotech sector that have shown relative strength lately. Don't get me wrong, the market is still on a downtrend, but should we reverse and start a new uptrend, this sector may potentially be the next one to lead a new bull market.

cletibals

One of the better charts I was able to find while doing my weekend screening. Apparently, the company announced that its inhibitor-tolerant qPCR master mixes are ideal for the development of fast, accurate and highly sensitive qPCR monkeypox virus (monkeypox) molecular diagnostic tests. If (and I hope not) monkeypox does become a thing, we might see a turn in...

cletibals

$GO breaking out of the pivot point - showing relative strength to the general market (that is getting absolutely crushed right now). Would be mindful of how much risk to put on if you're taking this trade.

cletibals

Silvergate Capital formed a Head & Shoulders topping pattern and is currently trading near critical support. We have a long way down if this breaks - plan to initiate my short position below $56.15 and scale into a full short if I see a retest and breakdown at the same level. Alternatively, if we see a countertrend rally into the 21 EMA or 50/200 SMA followed by...

cletibals

Liking what I see in WWE with its relative strength to the market, decent fundamentals, and nice price action & volume cues. Putting a pilot buy to test the waters (bearing in mind that the Fed meeting is in a few hours time). If this works out, I will be looking for tight areas and key moving averages to increase my size and risk.

cletibals

1) Solid fundamentals with a history of beating earnings the past year - with the last earnings announcement resulting in a gap up. 2) SIMO has since had time to base out, forming a cup and handle pattern just as the market is chopping with no apparent direction. 3) VCP type characteristics on the handle, with volume drying up to a trickle. I like this ticker as...

cletibals Updated 

1) This one held up immensely well - showing good relative strength against the market recently, and was a huge winner for many in 2020 and 2021. 2) Earnings continue to beat analyst expectations with the last quarter EPS surprise being 200%. 3) The stock has very recently reclaimed both the 50 and 200 SMA. However, its recent price action might provide an...

cletibals Updated 

1) This sector has been very strong as of late. With many of its peers posting monster earnings results. 2) GOGL looks like the next one to break out, along with PANL, EGLE, and SBLK.

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1) Superb relative strength and monster earnings the past four quarters. 2) The technical setup looks very good. (a) Shakeout on the 14th of March before continuing its advance. Very strong accumulation the past week (See volume), accompanied by price tightening. 3) The only thing I don't really like about this are the higher down volumes compared to up volumes...

cletibals Updated 

1) Formed a good basing pattern that was 131 days long while the markets got smashed. A signal that PAG has shown good relative strength against the market. 2) Fundamentals are solid with a history of beats over the past year. 3) While not in a strong sector, the technical setup looks interesting. The past two weeks saw more up days than down days. There were...

cletibals

1) Solid fundamentals with accelerating earnings and exceptional relative strength compared to the overall market. Just the recipe for the next leader when the bull market comes. 2) Previous earnings have resulted in gap ups. Price has now consolidated higher without filling the gap and has recently tightened up since the 18th May 2022. Selling volume is rather...

cletibals

1) Commodities showing volatility contraction type movement with good volume cues (massive dry up) 2) We see price getting rejected at the $28.65 level twice - establishing a pivot entry if price breaks out on higher volume 3) Early entry is spotted at about $28.30, which I have initiated a starting position in. That said, I am mindful of the FOMC meeting today...

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1) Noticed that many stocks in this particular sector have been setting up quite nicely in both the HK and US equity markets. 2) In particular to the HK Market, things are starting to look better with some equities entering accumulation phases. The HSI also looks to finally start a new uptrend with higher lows formed. 3) SEHK: 3877 is setting up quite nicely...

cletibals Updated 

1) High Tight Flag on the weekly supported by extremely strong buying volume. 2) Tight consolidation observed on the 30 min with greater buying volume and smaller selling volume. 3) Risk : Reward for the trade is 1:3 4) Not financial advice, happy trading!