SPPI is graciously providing us with another beautiful entry place pullback from overbought, support caught on 10 day EMA and then a bullish engulfing candle.
Stop Loss: 13.25
Profit Target: 16.00
ARRY has been in a tight consolidation since a huge 50% run up. It is now finding support on its 10 day moving average which has historically been a prerequisite to a breakout
Stop Loss: 11.84
Profit Target: 13.50-14.00
After a 153.77% run in 3 months, CDNA has entered into a nice consolidation pattern which it is currently near the bottom of. This trade has great risk/reward of 3.5
Stop Loss: 2.58
Initial Profit Target: 3.08
Depending on how to stock acts near its all time highs, I will decide to continue to hold for a breakout or sell and take profits
AAL is finally showing showing signs of a reversal. Huge green candle with lots of volume came in, then it pulled back under its 5 EMA. Now we have a MACD crossover and has closed back above its 5 EMA
Stop Loss: 44.00
One of my favorite stock GOOGL appears to be inside of a channel sitting at the bottom of the tread line. Hopefully tomorrow we can get a candle over candle and some nice volume to make this an actionable play!
After a huge gap up that almost doubled the stock DRYS is now in a continuation pattern. Do note the pattern has broken on two occasions, however, the time to bounce back was not an alarming rate so I am still considering this pattern to be intact
Stop Loss: 3.23
First Profit Target: 2.55
Second Profit Target: 2.72
********** Watch around the 3.43...
XXII has broken a bull flag after it broke out from $2.00 and got as high as $2.84. It ended up pulling back to treadline before getting another nice little pop. Adding in a MACD divergence can make this even better.
Stop Loss: 2.06
First Profit Target: 2.30
Second Profit Target: 2.42