Cyber stocks sold off last week on he back of PANW weaker than expected earnings. However, CYBR reported very strong results a couple week back on 2/8 and dipped in sympathy with the group last week. Notice how CYBR filled its earnings gap and closed above its Feb Value Area (using the MarketWebs Indicator) and bounced off its 50d MA, indicating that buyers...
tight consolidation after a breakout of Feb Value Area Price Target 61,560 ,+18% to go to upside VPOC using the MarketWebs technical trading system
Big Sideway base for TOST over last two years and after a strong earnings report this stock is on watch for a breakout. Using the MarketWebs system (VolumeAtPrice) the trigger is a break over $22.97
HRB is setting up for a break out of recent consolidation as we approach tax season where companies like HRB & INTU are the busiest. I suspect these companies will do well as individuals and companies are going to require help reconciling tax rule changes + trading gains from last year. That said, the trigger to go long is a break of the Feb Value Area, $48...
Long RSP for an expansion in Market Breadth I think one of the most interesting developments today is that the RSP is breaking higher. Since the beginning of '24 there has been bad breadth and thin leadership. Now the RSP is above its Feb Value Area and above recent highs. I particularly like the consolidation before this push higher. My intermediate...
Has broken out, ride the trend! Can be long here vs stop of $41 using the MarketWebs Indicator - this is a trend trade
Long IBN ICICI Bank Limited based on a break of Monthly and Yearly Value Area resistance using the MarketWebs Indictor. Note, significant that the resistance is lining up on multiple timeframes & will be a decisive break if / when occurs. The level that needs to be broken here to initiate a breakout trade is $24.5, set alert here to go long.
Stick with Infosys as the trend may just be beginning. Can you a stop price of $17.90 using the TTG MarketWebs #VolumeAtPrice Indicator. Aim for previous highs.
Watching for XBI Long Trigger to Develop Throughout Week - level is $88.92 (if price stays here, last price $89.01 by Friday trigger is active) The trigger is based on the MarketWebs VolumeAtPrice Indicator
I have avoided PYPL like the plague because it has been in a downtrend for 2yrs and has been a major underperformer. The 200d MA has been the tell as it broke below the 200d MA back in Sept '21 and has continue to trend lower... until recently. So,what has changed? The Technicals have changed: 1. Simply, today it has reclaimed its 200d MA 2. It has rallied...