$UUUU looks very strong. Pocket pivot with wedge break. Would look for an entry at the $6.90 range with a 5% stop.
* Good earnings in the recent quarters * Very strong up trend on the monthly time frame * Very high 3-month relative strength of 14.02 in the REIT - Healthcare Facilities sector * Recently broke out of its all-time-highs from 2019 indicated by the red line at $84.63 * Retested previous all-time-highs as support for the past three weeks * Volume Profile showing...
* Excellent earnings * Very strong up trend * High 3-month relative strength of 4.43 in the Tech sector * Broke out of a 1 year base with tonnes of volume on earnings * Started to consolidate after the breakout in a tight 7-8 week range * Has a U/D ratio of 2.11, indicating that it's under accumulation Trade Idea: * You can enter on the closing price today as...
* Great earnings * Strong up trend * Very high 3-month relative strength in the Healthcare sector of 10.44 * Trading at higher than average volume creating a pocket pivot * Trading in a tight range of ~5% range * Little to no overhead resistance * Has held up incredibly well during this correction with little to no downside at all. Trade Idea: * You can enter...
* Great earnings with acceleration * On the longer time frames, it's mostly sideways but has started a new up trend * High relative strength in the Energy sector * Broke out of a ~4 month basing pattern before making the leg higher. * Consolidated in a tight range of 3.77% before breaking out again * Maximum probable ROI for this trade would be around 26.70% ...
* Exceptional earnings * Very strong up trend * High 3-month relative strength in the Healthcare sector * Offering a pocket pivot entry with little to no resistance * Forming a text-book cup and handle pattern with a ~11% deep base * Base forming for the past ~10 weeks with a tight handle of ~3 weeks Trade Idea: * Now's a great time to enter on the pocket pivot...
* Perfect earnings * Very strong up trend * High 3-month relative strength in the Tech sector * Offering a pocket pivot entry near the resistance of a 16 month base * Looking at the monthly chart, the price used roughly the mid of that range ($279.39) as support before its previous attempt to break out. * Last month it used $279.39 as support again before moving...
* Great earnings * Strong up trend * High 3-month relative strength in the Real Estate sector * Pays out dividends very generously * Recently broke out of a multi-year range dating back to 2016 * Recently used the resistance of that range ($43.99) as support * Has been consolidating for the past ~6 months * Offering a pocket pivot entry with very high volume and...
* Exceptional earnings year over year * Breaking out of its IPO base once again that dates back to 2015 ($24.73) * High relative strength in the Tech sector * In a very tight range for the past 3 weeks * Offering a pocket pivot with in the range just before the breakout * Maximum probable ROI would 21.65% Trade Idea : This is a great time to enter as it's just...
* Exceptional earnings * Very strong up trend * High RS in the Healthcare industry * Pocket pivot occurring on the right side of a rounded constructive basing pattern Trade Idea: * You can get in now as indicated * Or if you're looking for a slight discount you can look for an entry near the $423.63 area
* Okay earnings * Steady up trend * High RS in the Communication Services sector * Trading in a tight range for the past ~9 months * Last couple of days picking up high volume Notes: * This is still trading n a range so be careful. It may continue trading in this range. * Pocket pivots indicate that the institutions are interested in the particular stock and...
* Excellent earnings * Very strong up trend * Very high 3-month relative strength in the Healthcare sector * Pocket pivot occurred on the right side of the basing pattern with high volume * Steady increase in price shows tonnes of institutional demand Trade Idea: * Now's the perfect time to get in as recent volume is indicating institutional interest * The...
* Excellent earnings * Very strong up trend * Extremely high 3-month relative strength in the Healthcare sector (110..69) * Pocket pivot occurred on the right side of the basing pattern with extremely high volume * Pattern shows tonnes of institutional demand * Maximum probable ROI for this trade would be around 33.75% Trade Idea: * Now's the right time to get...
* Great earnings * Very strong up trend * High relative strength in the Industrial sector * Broke out of a ~7 month consolidation period with very high volume (162.6% above average) Note: With very high volume on earnings, this very well may be a break away gap and may continue going higher from here. Trade Idea: * You can enter now and ride higher. * Or...
* Good earnings * Strong up trend * High relative strength in the Real Estate sector * Pays out dividends generously * Breaking out of a very tight 2.64% range with 104.98% higher than average volume. * This can also be considered a Pocket Pivot breakout Trade Idea: * Now is the perfect time to get in as the price is still very close to the broken range...
* One earnings report that was better than expected * General up trend * High relative strength in the tech sector * Offering a pocket pivot setup on the right side of a constructive basing pattern
* Good earnings * Very strong up trend * High 3 month relative strength in the Real Estate industry * In a constructive basing pattern for the past 7 months that's rounding out * Stable volume with increasing price * Pocket pivot occurred on the right side of the basing pattern. Trade Idea: * You can enter now as indicated if you don't mind a little volatility...
* Excellent earnings * Strong up trend with recent choppiness * Breaking pre-pandemic highs * In a constructive basing pattern for the past ~8 months * Was in tight consolidation for the past 3 weeks (2.72% range) * On the right side of the basing pattern Trade Idea: * Now would be a great time to get in since it broke out of a tight 3 week consolidation with...