jaxdog

jaxdog

NYSE:CWAN is a name most of us have never heard of. They serve hedge funds, asset managers, and insurance clients with Analytic software. It looks like it is in the process of putting in a higher low. It has regained the 8 and 20 EMAs and the MACD has turned positive. It can still go either way. There is overhead resistance at both the upper horizonal line on...

jaxdog

NASDAQ:TTMI looks to be a HTF candidate. From the low in May 2024 to the high of December 12, 2024, shows a gain of 107%. It has pulled back 13% from the high and is now consolidating around the 10, 21 DMAs with a still rising 50 DMA (red). If the market continues its upward trend and NASDAQ:TTMI moves up and over the blue downtrend line, I will look for a...

jaxdog

The above sectors are doing very well right now. I am long AMEX:XLF , AMEX:XLC and $XLK. I am looking to go long, if the market supports more risk on, AMEX:XLY and $XLI. All seem to be in defined upward channels. Most are testing or have tested shorter term support areas. One may also be looking at the stronger stocks in these sectors as the returns can...

jaxdog Updated 

NASDAQ:NNE may be one for your watchlist. This one has had a nice uptrend since its IPO sell-off and has put in a series of Higher Lows (HL). It has just tested the 50 DMA (red) and has a nice green hammer candle off that area. It looks to be struggling with the 10 and 20 DMA’s right now. I have an alert set on the upper downtrend line. Should that trigger, I...

jaxdog

NASDAQ:ZM has been trading tightly the last 3 trading days. At the same time volume has been drying up. This seems to be a textbook Volatility Contraction Pattern (VCP). I have a 1/2 size position I put on 3 days ago. Not much movement since then but if it breaks this pattern to the upside, I plan on bringing this up to a full sized position. All TBD. Hope this helps.

jaxdog Updated 

NASDAQ:INTC It is looking like this old dog might be ready to move higher. Since the August 24th ER Gap Down, Intel has been putting in a nice base. In doing so it has established an uptrend and is well into the gap. I have an alert set just above the 21 DMA (teal blue). If it triggers, I will take a long position with a stop under the most recent low which...

jaxdog

NASDAQ:QLYS Looks to be under institutional accumulation. Look at those volume bars at earnings. According to the AVWAPs, there should not be much selling pressure from longer term holders trying to get out. I like the solid base of around 90 days before the big breakout. This is a low float stock so keep that in mind as bid / ask spreads can get larger than...

jaxdog Updated 

I like that NASDAQ:UPST is pulling back on declining volume. I have an alert set on a cross above the Pennant Downtrend Line. “If” that happened I will look to go long with a stop just below the previous low. Let’s see what happens.

jaxdog

NASDAQ:LRCX I bought a half size position on the initial earnings pop and I just brought it up to a full size position. I rarely bottom fish a stock but this one sold off hard into earnings and then beat expectations. It really needs to get up and over the 50 DMA (red) and the DT line to prove it is going to run but I like it here and have my stop just below the...

jaxdog

NYSE:LLY Tightening Up before earnings on Wednesday. This implies that neither buyers nor sellers are stepping up prior to the report (so far at least). I am not calling this either way. But, I think a big move is coming one way or the other. (I think it's going to be up. This name is high on my watchlist. Lets see what happens AFTER earnings.

jaxdog

I have had my eye on Box, Inc. since its last earnings. It has spent most of the time since then consolidating and letting the 50 DMA (red) catch up. I have also been looking at the AVWAP(s) from both earnings date and the 52-week high on Sept 17th (both light green). I have an alert set for a break above that tight area (both light green) where I will look for a...

jaxdog Updated 

NASDAQ:QCOM has gotten a lot of bad news over the past few months, and it’s share price shows it. However, the chip sector is doing well, and you cannot count QCOM as down and out. After setting a low on August 5th it has now put in a series of higher lows and is tightening up (coiling) which is forming a VCP. I like this technical setup and have an alert set in...

jaxdog Updated 

I have been looking at Hubspot since August and trying to figure out a good entry. Well, I am about ready to pull the trigger. The chart shows a series of higher lows and higher highs. It looks to me to be in an “Ascending Base.” I have an alert set for an entry just above yesterday’s opening price, in the wick. Should it trigger, I will start a one half size...

jaxdog Updated 

I have put on a ½ size position in “anticipation” of a reversal. I have been in and out of the AMEX:XBI trade several times over the last 2 months. Overall, I have made a small amount of $$$ on several trades. It looks like it may be in a pennant formation. We will not know that unless it continues upward from here. I have a tight stop on this just below...

jaxdog Updated 

AMEX:IWM small caps have been volatile for quite a while now. I expect that volatility will continue until after the election. When looking at a daily chart it is hard to see any kind of pattern but zooming out to a weekly timeframe it looks to me that it has established a solid uptrend. I will be looking for an opportunity to get long for a move back to the...

jaxdog Updated 

NASDAQ:LYFT I thought I published this idea back on September 17th when I went long. I started with a ½ size position on that date. I added additional shares on Monday the 23rd and again yesterday to bring it up to a full-size position. I am now hoping it will consolidate some of these gains. This is one I plan on trading around, meaning I may take some profits...

jaxdog Updated 

Enphase has been basing for about 10 months after a severe selloff in 2023. That base has been wide and loose until the June – July timeframe where it has tightened up and appears to have established an uptrend channel. I will be looking for a reversal in the coming days to weeks as it is likely that it will head back to the top of the channel. Should it start...

jaxdog Updated 

I have wanted to be bullish on the energy sector, but this chart tells me it is in a downtrend. We have a series of lower highs and lower lows. There seems to be some horizontal support around $86. However, that has been violated on the last lower low. I am terrible at shorting stocks, so I’ll stay on the sidelines unless or until the AMEX:XLE puts in a higher...