$CRWD pull backed on pivot and ema10 yesterday forming a kind of handle. The stock has a 18 weeks consolidation period. Volume was very strong durinng breakout Last quarter figures remain strong even if the EPS is decelerating (EPS + 267% / Sales +70%). Computer Software-Security is TOP 10 industry on MarketSmith. We started a position with a nice entry point and...
$M Breakout from long consolidation flat base. Retail Department Stores TOP 1 (out of 197) from MarketSmith Very impressive last quarter figures after re-opening (EPS +259% / Sales +59%) The group should remain strong, let's see if $M can push higher from this base.
$ZIM seems very close to breakout. We open a position today on the pull back due to dividend with a very well positionned SL. Earning report figures are amazing (EPS +999% / Sales +200% with acceleration). The consolidation cup pattern lasted 9 weeks and there is a strong shelf volume to support the stock.
4 Distribution days in a week for the $NDX Be careful out there, this could be the sign of some bearish momentum. We have been stopped for some positions and are now sitting on 35% cash at the moment. Take care guys !
Very nice setup for $DDOG. We took a position 2 days earlier, well positionned for the coming weeks.
$BTC Potential bullish breakout scenario 1- Breakout the top of the flag in Hourly 2- Breakout the big consolidation box upper bound at 42K ONLY a scenario, nobody can knows 100% what is going to happen. Don't forgert to manage your risk properly.
Fantastic breakout on $RGEN - Waiting for a pullback to entry Too overextend at the moment.
We were expecting a good entry point on $SNAP after the earning gap up last week. Today seems OK, still a bit overextended but it is fair enough for us. Last earning results were amazing. Fund ownership is growing fast. Now let's see where it goes and let's manage the risk with a smart SL.
AN was still very strong during the little #SPX500 correction. It is now trading ATH with high volume on breakout. Looking for an entry point, a pullback is necessary.
$BTC is still trading in the range that started about 50days earlier. Volume drying up, accumulation in progress. Let's see which direction will be chosen by the next volume spike.
$PZZA Breakout after double cup consolidation lasting for 37 weeks. Nice sign of accumulation with pocket pivots all along the consolidation journey. Last earning results were amazing. $DPZ (same industry) reported today and had a big jump. Let's see if it can follow through.
4 Distribution days in 1 week, very bearish for the #SPX500 The price could go lower in the coming week. We are sitting on 50% cash at the moment, Stop Losses in place. Take care guys !
$UPWK Breakout today and get back below pivot point. Last quarter, the company reported nice figures. Let's see if the stock can follow during the next days. If so, let's see if we can find a nice entry point.
$INMD Very nice gap up breakout today with huge volume. This company is very strong fundamentally. We have not been able to open a position. Now the stock is really overextended, we expect a pullback to be able to open a position. Have you been able to enter ? If yes, where and can you explain why ?
$AAPL near pivot point, volume increase the last 3-4 days => Entry point to consider.
$DOCU Still very strong despite the volatility of the markets #NASDAQ
Fantastic breakout with volume of $AMZN after a 44 weeks consolidation pattern. A great entry point for this High Cap stock.
We hope you had a good weekend and nice 4th July for our American friends. $TPX had a beautiful breakout with a nice volume on Friday. Fundamentals are not exceptional but still very good. We will see tomorrow if it confirmed !