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.
MIME broke out of the late 2020 to early 2021 resistance of $59.24.
It has been beating its earnings expectations consistently with only a few misses and is expected to do even better in the coming year.
Looking at the long term price action of MIME, it's on a steady up trend. I think MIME may consolidate a bit, testing the broken resistance as support, before...
After using the highs from 2015 and 2018 ($56.28) as support, ST is now approaching the resistance of $61.13. Also note that ST has been ranging from year-to-date between $56.28 and $61.13.
Judging from the price action, it seems like ST may break and close above $61.13 in the coming week.
A rejection from $61.13 could have ST test the support of $59.90
ULTA (Ulta Beauty, Inc) is testing resistance around the $355 area that dates back to mid 2019.
* It's undervalued with a PEG of 0.77
* Its earnings per share is expected to grow over the coming year.
* General up trend
* Beta > 1 (following the general market trend)
* Broke above the resistance of $315 that dates back to 2017 and...
LSCC broke the decade long resistance of $41.31 in November of 2020 and has used that price as support since. After breaking its all time highs from the 2000's LSCC has been forming an ascending triangle.
As we can see LSCC was recently rejected from the $57.60 to $58.38 range which were it's recent highs and it has been using the white trend line as...
CMCSA has been forming an ascending triangle since March of 2021. With a Beta of over 1, the clear up trend on the weekly and even monthly makes sense.
With a Payout of 36.80% CMCSA guarantees a lot of room for growth and further dividend increases as well.
* Looking at the price action over multiple time frames it seems like CMCSA may be breaking...
I last spoke about DXCM when it just broke the $423.40 range and said it would take weeks to reach and challenge the all time highs.
Fast forward 3 weeks and here we are.
* Look for buying opportunities in the $423.40 to $430 area
* Wait for another weekly close above $456.23
I last discussed this July 1st, 2021. I mentioned how I thought this would come back and retest the $114 area.
Since then it's given multiple buying opportunities around $114 and now it has finally broken out.
Question now is, can it hold?
WMS has broken out of the resistance zone of $117.90 with relatively more volume but I still think it's not enough.
STOR has been on a rampage since the March 2020 crash. It has been breaking one pivot point after another.
The 2016 highs ($31.44) were broken and served as support in 2019 and support again in Feb 2020. The price broke above again in November 2020 and $31.44 has served as support since.
Now the price is challenging $36.40 which served as support for 5 months...
AMD is looking to end its year long consolidation and look to new horizons.
* Looking at the weekly or even monthly time frames you can see it's in a clear up trend
* It'll have to brake and close above $94.28 before it can attempt to break through its all-time-highs.
* Very high trading volume likely to push the price higher from here.
FAST is trying to break through and close above its recent all-time-high of $54.31.
Good news is that it's holding its previous all-time-high of $51.89 as support.
With buying pressure slowing down it may come back down to retest the $52.50 to $53.10 area as support before making another attempt at breaking and closing above $54.31
* Strong up...
The Fibonacci level of 1.272 has prevented the price from falling
And now the price is fluctuating a little and for
That the price will start moving upwards again
Must break the resistance that was broken once and
Stabilizing prices above 19,050 is a good option for
Login can be
UDR is extremely close to breaking its all-time-highs from February 2020. Not only that but it's been on an absolute tear for the past 7 months. That's 7 consecutive months it has been closing green.
Taking a look at the volume coming in, it seems like it will break in the coming week.
Not only is this setting up for a great trade, it's also a great long term...
HCA is consolidating after a large move up.
Buying pressure came in on 25th of June 2021 and set $204 as support. Since then buying volume has decreased but not by a lot. That's why HCA is positioning it self for a breakout.
Looking at the longer time-frames, it's showing a clear up trend and it's also expected to grow its earnings-per-share over the coming...
ALGM is making an Inverse Head-and-Shoulders and is on the verge of confirming the pattern.
With yesterdays volume it seems like it's ready for a break out.
The measured objective of this pattern would be somewhere around $34.40.
Do keep in mind $31.30 and 32.30 may act as resistance on the way to the final objective.
It's been months since SYNH has been consolidating and it finally broke out today.
Tonnes of buying pressure came in early June that proved $80.30 as a solid support level. Since then SYNH has been heading up.
Looking at the weekly or even monthly charts you can see that the company's been doing really well with the stock showing a clear up trend.
CNC has had $74.50 as resistance since mid 2018 and it's currently being tested again.
Recently the Price Action has been sticking very close to this resistance. This generally indicates that a breakout is imminent. If you go back to 2018 you can see that the PA has never stuck this close to the resistance point.
Will it break?
Your guess is as good as mine....
V (Visa) is making new all-time-highs following a tonne of buying volume that kicked in last week.
Looking at the weekly or even monthly chart, it's clear that V has been doing very well through the years.
This is definitely one to keep your eyes on and one to have in your long term portfolio as it pays out dividends as well.
* Look for buying...