NVDA didnt quite tag that 100 SMA that I was looking for but it did print a beauty daily hammer right into what was the previous trend res extended. Lots of eyes on this name for the big move.
News drop caught shorts way off guard in here. Glad I was cuatios as these have been breaking up lately. No position. Looks like ATHS are in the future here. Congrats to all holders. Will watch for Blue sky break
$BNP - See if this ends up taking shape. So far its holding the pattern. Little ways to the significant resistance above from the last 2 years
OSB - 10 year chart here. Just recently bounced off long term trend. Historically has made large moves off or close to the this trend line. Price is currenlty tapping a very significant historic level. If it can break and hold. This may be a nice rally
$AIS - Nothing special here but watching. Bottom of the band and looking to break back into the pattern which is also the bottom of the cloud. On watch to push through the cloud and upwards of the triangle.
OGC- Fan of the way this chart is setting up for a gold company with the hype in the sector. Ascending triangle approaching SIG resistance range. Watching for it punch through and make a move to upside
Interesting level here with the pattern approaching some historic support levels.
Dont play these new plays often but I do like this setup
$SIC - Really really like what is going on here. Big descending wedge pattern that bounced off of long term trend and support. Ascending triangle forming after breaking out of the wedge and trading a little sideways on back-test. Really like this setup. Liquidity a problem but heavy volume and she moves!
$CMG - Digging this set up after decent bounce off suppoer and pattern. Looking for one more touch before it decides which way she moves!
Its been range trading for a while and is poking its head. Gap over head. RSI uprending. Like it
$LHS - Not a fan of this one but cant ignore this channel trading. Looking for a move to the good if it can break noted resistance and the channel. Watching!
$PEY - I am a big big fan here. This is a 5 year chart. Slaughtered. 2 year falling wedge that is really tightening up. MACD bullish divergence with price action for over 2 years. RSI double bottom and poking above pattern.
$NRG - Another beauty pattern forming and ready for a move to the up or down. Little cheaper price point on this one! May require patience to play out
$RVX - Pretty big fan of this setup. Love this pattern and how its testing the upside. Coiling nicely within the pattern.
$NRTH - Traded this in the past for a nice little win. Forming setup for a break and looking for movement to the upside. Significant support on a historic area, broke both the support and trend-line and retraced back in and is toying with again.Sector is rumored to have a large bounce. Support needs to hold and am watching!
$PKG - I have never ever liked this ticker but I do like the formation occurring right now and figured it deserved a mention. Looking for support to hold and it to break the trend line to the upside in the future. It is sitting on what I consider significant support.