Clorox is trading above it's 5 day moving average, and trying to fight to stay above resistance....blue sky breakout tomorrow? Could be interesting; after all it does kill anything it comes into contact with (coronavirus).
Interesting Bull Flag breakout on the weekly chart. Keep an eye on this one; when we find a bottom it should be a nice long hold "if" the pattern breakout continues.
JNJ closed the daily on a Bull Flag breakout, and did so after bouncing off of the 50 sma. Notice it also rose above the 10 ema before it closed....nice confirmation!
Both are on the chart since inception. I would say The Motley Fool is as good as they claim. Both of their ETF's have beaten the market since inception, yet most don't?
Confirmed on daily close outside of pattern, plus macd bullish crossover.
Also closed above the 10 ema. Buy if momentum continues in am.
Symmetrical triangle breakout, and see attached.
Ascending Triangle breakout. The downtrend is broken, and hopefully this new ATH will turn into a model blue sky breakout!
Especially in light of the stock market. IBD said Friday of it's swing trading ""Reducing our swing trading exposure to zero on market weakness and ahead of the weekend"....BTC to the moon!
This range play is appealing for two reasons. First because it's re-entering the bottom of the range, but secondly because it is bouncing off of the 180 sma (backtest the 180 and it just may surprise you).
Crossing over the 200 sma, rising above the 30 RSI, no resistance until 143 and some change....beautiful entry.
Bounced off the 10 ema yesterday, the 50 sma today, and a 10/50 crossover could be incoming. It broke through resistance to.
Do you dare to go where angels fear to tread? Some analysts have upgraded their target price to 60.00, while others say 41.00, whith earnings next week. What say you (I think 60.00)?