* Excellent earnings * Very strong up trend * High RS in the Tech sector * Testing broken resistance as support of a ~2 month consolidation * Very high volume (178.3% higher than average) Trade Idea: * Usually when a stock breaks out, comes down and offers another entry it means it's ready to go higher. * Given the volume, it seems like institutions are...
* Excellent earnings * Very strong up trend * High relative strength in the Industrials sector * Breaking out of a ~8 month consolidation with very high volume (172.64% higher than average) * Max probable ROI on this trade is 26.08% Note: * Institutions don't buy breakouts, they create breakouts. Trade Idea: * Now is the perfect time to get in since the...
* Great earnings * Very strong up trend * High RS in the tech sector * Breaking out of a ~5 month consolidation period with higher than average volume (44.18%) * Max probable ROI is 31.28% Trade Idea: * Now would be a great time to enter as the price is still very close to the broken level and volume is very high * If you're looking for a slight discount you...
Breakout from resistance, retraced and taking support on previous resistane. Confluence of 20 EMA + Trendline support + Fibonacci 61.8% High probability setup. Only for educational purpose.
* Good earnings * Long term, it's been going sideways but a new up trend has started * Recently broke a multi year resistance of $21.93 dating back to 2016 * Used multi year broken resistance as support for the past 5 months * Breaking out of the 5 month consolidation with higher than average volume * High relative strength in the Real Estate sector Trade Idea:...
* Great earnings * Very strong up trend * High relative strength in the Real Estate sector * Breaking out of a roughly 3 month consolidation period forming an ascending triangle with 27.58% higher than average volume Trade Idea: * Now's the time to get in as it broke out for the second time and is picking up on volume. * If you're looking for a small discount,...
* Great earnings year over year * Very strong up trend * Breaking out of a 6 week consolidation with higher than average volume ... roughly 37% higher * Broke resistance and retested it as support * Offering a pocket pivot breakout indicating that institutions are stepping in * Pays out dividends Trade Idea: * Now is the best time to get in as the price is...
* Excellent earnings year-over-year * Very strong up trend * Breaking out of a ~2 month consolidation period with higher than average volume * Very strong Relative Strength in the Industrial sector * Recently broke resistance of 117.11 and retested it as support Trade Idea: * As always, if you don't mind a little volatility in the short term this is a great...
* Good earnings quarter over quarter * Steady and general up trend * Recently broke highs from 2017 * Before breaking the highs from 2017 it consolidated for roughly 5 months close to resistance * After breaking the highs from 2017 it consolidated again for another 5 weeks creating a base on base pattern * Broke out of the 5 week consolidation with 88.74% more...
* Excellent earnings year over year * Strong up trend since inception * Consolidated for about a month before breaking resistance in August and using it as support * Consolidated for about another month continuing to use $254 as support * Looking to move higher as volume is coming in and testing $259 as support
Break out over resistance . Bullish trend since positive earnings. Price action needs to break long term descending triangle and have it act as support to confirm. ADX < 40 so not a strong uptrend. RSI > 50, good time to buy on the support levels.
* Good earnings quarter over quarter * Strong and steady up trend * Broke out of a 2 month consolidation with higher than average volume * Pays dividends with a Payout ratio of 21.10% the company has a lot more room to grow Trade Idea: * Broke out of consolidation with higher than average volume * Saw a tonne of selling pressure after the break but held the...
* Strong earnings quarter over quarter * Expected to do better in the coming year * Strong up trend * Broke out of 5 month consolidation * Retested broken level as support with higher than average volume (33.98%) * Pays out dividends with a Payout ratio of 47.40% which means the company has a lot more room to grow and possibly increase dividends * Minimum...
* Strong earnings year over year * Strong up trend * Broke out of a 5 month consolidation * During the consolidation it created a cup and handle pattern * After breaking the cup and handle pattern it consolidated just above the broken levels creating a base over base * Volume is now picking back up after base over base consolidation (53.53% above average) *...
When I last spoke about CTAS it was just breaking out. After the breakout there was a run up but the general market correction brought it back down to the broken level. CTAS is still trading with higher volume than its 14 day average and is still above its broken level. This is a great opportunity to get in if you missed the last entry!
* Great earnings year over year * Very strong up trend * Breaking out of a year-to-date consolidation with 40.98% more volume than average * This trade as a chance of giving an ROI of 86.26% if it plays out in our favor. Trade Idea: * Now is the best time to jump into this as it's very close to the breakout point and it's picking up volume as well.
* Strong earnings quarter over quarter * Strong up trend * Broke out of a year-to-date consolidation * Consolidating right above the broken level Trade Idea * Now would be a great time to get in on this given that it has broke out and is now creating a new support right above the broken level. * However, if you are looking for a discount, this may consolidate a...
* Very strong earnings year over year * Very strong up trend * Broke out of a 6 month consolidation * Consolidating right above broken level and attracting more volume Trade Idea: * Now would be a great time to get in as it's building a new base right above the broken level. * If you are looking for a discount, there is a slight chance of it visiting the $109...