$SMG - I might be reaching here, but

An eerie reminder of how wrong I was about $TSLA back before the surge. Nonetheless, I've come to find more than a few tickers that get (seemingly) stuck in a strong down-trend. I had $CHKP on watch a little over a week ago once I saw the crab-legged type breakout over the 180WMA after being in the choppy, downward trend it's been since last year. Nonetheless, I've come to find a handful more of tickers that resembled the same pattern with/without a few slight differences $TSLA had before its breakout. Few examples ($DTE, $EQIX, $CHKP) - I used $CHKP as a comparison because essentially, I look for a pretty big gap down below 3yr WMA for the start of a setup (like $TSLA) - but beggars can't be choosers. Argued with myself to post the $MMM chart with the potential to show same type of breakout, but, how about we say I did & just keep it on watch ( Earnings 07/24).


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