$DGRX looks really nice here
*Broke out from that $40 level and pulled to put in a successful test
*Putting in nice trading range with supply line around $44
*volume pattern looks healthy
*couple pause days here would be PERFECT (orange bars)
If the market doesn't go down the toilet from here, $SNOW is acting like a future leader in the next leg up.
Best case scenario it puts in the right shoulder of a small head and shoulders continuation base.
Keeping a close eye on it.
$CELH starting to impress me here with its resiliency.
Continues to correct in time right under that $100 round number and waiting for its 50 MA to catch up.
She's getting added to my watchlist. Promising setup. #TAPLOTWL
Russell 2000 $IWM volatility expansion is just right around the corner.
Make sure you are not on the wrong side of that when it snaps. Tons of pent-up energy in that.
These waves can't get any tighter (Green line on chart)
Large 6 Months base on $MARA
Put a little cheat area around its 50 MA back in early august on broke out
Tested $30 level twice w/ buyers stepping back in
Another shelf around $37 last month & moved out on Wed & holding for 3 tight days
Very constructive action. I like it
$BROS seems to be a Fintwit darling.
Its sting at support. The one thing that caught my attention the most is that Friday volume was the lowest volume since IPO day
This normally leads to volatility expansion (the calm before the storm if you will).
$PATK large nice 5 months cup with handle setup.
Earnings in couple weeks. Ideally, i would like this to trade quietly for the 1st half of this week and breaks out in the 2nd half (orange bars)
4 quarters of earnings and sales acceleration.
Its been over 2 weeks since I posted about the weekly double bottom on $LYFT. My comment was "I'll be watching the daily for a cheat of some sort".
Seems like we might be setting up a cheat area on daily. Watching closely this week.
$R 4 months cup with handle pullback setup.
It broke out couple weeks ago from handle pivot $82.06 couple weeks ago & pulled back to that level to correct the wedgy looking breakout.
The volume pattern could have been a bit more convincing but this is a decent setup.
Love what $DASH is doing here & presenting pullback buy opportunity
*Orderly pullback to BO support ☑️
*1st test of 50 MA post BO ☑️
*Vol drying up ☑️
*Pocket Pivot from 50 MA☑️
*OBV and U/D both strong ☑️ (indicating bulls in control)
If the market holds here, $DASH is in a good spot
$TXT is back at it. Back in July, it put in a double bottom , broke out but didn't make much progress.
It is now putting another base and looking very interesting. $74.40 (red dotted line) is ATHs from back in 2008. So this potentially could trigger a major new up cycle
I have been posting about $YMM since September 21st
Cup w/handle and handle taking on a flag shape.
Setup is break the flag, quiet down at previous pivot, then the breakout.
I am very interested in $YMM 's action
Ya I see $UPST and so does every kid with a trading account
Anyway - here's my take:
* High Tight Flag
* Vol pattern looks incredible & too perfect
* Today tight candle and vol drying up to its lowest since earning gap
* Best scenario? Market pulls back next week & $UPST tightens more
$FLYW is a strong new issue that is building a nice little cup base right below that $50 supply line.
Would like to see it put in an inside day tomorrow and quite a bit before it moves out. Not sure there is enough evidence supply has been exhausted
$PYCR is a strong new issue in strong group (enterprise software). Couple more days under that $36 supply like would get me very interested. Ideally moves sideways for the rest of the week and come out early next week.
$IRWD is a profitable biotech with triple digits earnings the last 2 quarters. Putting in a daily cup with handle setup.
Up/Down volume < 1 so not ideal but multiple pocket pivots coming in on this last advance could change that quickly in next few sessions.