NASDAQ:MDB important level here. Lots of things extended and I don't think the answer is to keep plowing into stocks daily.
NASDAQ:SNPS interesting double inside here. I will be skipping this due to the multiple red volume bars to the left. I am willing to be patient waiting for better setups.
NYSE:FND nice example of a pullback buy setup back to the base breakout level. I only look for pullback buys either on top of a base (early stage) or within the base. #study
NASDAQ:CFLT lots to like here. * Week 4 into its consolidation after a powerful stage 1 breakout. * 200 MA not uptrending yet but flat * Almost 100% move up & powerplay setup * OBV holding highs with 1.5 U/D ratio * double digits sales growth Q after Q
NASDAQ:DDOG clean supply line around $100 level caught my eyes during chart flipping this afternoon. Declining 200 MA line makes this less than ideal setup.
NASDAQ:MNDY looks very constructive here for a low risk pullback setup. * volume pattern looks good *OBV pegged to highs *U/D ratio 1.9 * Consolidating around 21 EMA
NYSE:PCOR cup with handle setup with it potentially rounding the bottom of its handle. An inside day early this weeks sets this up prefectly.
Restaurant sector looking constructive. Might help put a floor under NASDAQ:WING But where is NASDAQ:BLMN that's looking pretty sweet.
NASDAQ:WING back down to previous base breakout support and on its weeks 6 of potential base building. Tight range action, if we hold here, could potentially round up the bottom of this base building phase.
NASDAQ:MDB Nice and Tight after its earning gap up on June 2nd. Its been consolidating gains very constructively increasing probability for momentum continuation to the upside. Makes it to primary list for early next week.
Bulls see potential failed breakout reset setup. Bears see potential mini head and shoulders top. Its what makes markets. Trade you. NASDAQ:GOOGL NASDAQ:GOOG
NYSE:H another nice looking pullback buy setup within its base. I love these kind of setups. They require experience to spot and rarely crowded as a result. Looks similar to NYSE:FND I posted few minutes ago.
I've been wanting AMEX:XBI to drift downwards a bit and turn for a better low risk entry (add on). I think down to $86-$85.50 is potential area that could bring back buyers. This base looks nice.
I got stopped out break even on the 7th for NASDAQ:FTAI to turn around and sets up again. On watch tomorrow for possible breakout setup.
NYSE:FND setting up a potential pullback buy setup inside its base. Up/Down volume ratio have not recovered above 1 yes since the earning gap down but price reclaiming 50 MA on a good size pocket pivot bar is an indication institutions are accumulating here vs distributing the stock.
NASDAQ:Z another cup with handle pullback buy setup in the handle of the cup. And before you shoot me. Yes yes aware. almost 90% drop from all time highs. Early stage 2 turn from deep base on a growth stock. Your call. Make the trades yours.
NASDAQ:SWAV is a potential low risk pullback back in the handle of a large 27 week cup with handle base (zoom out to weekly chart). Very interesting setup as bulls attempt to close on a good note for the week.
NYSE:JPM looking this good after what the banks went through is impressive. This base looks good.