NYSE:NET has been a beast since bottoming. It looks like it's bullflagging (orange channel) currently in a strong uptrend (teal channel). Watching for the bull flag to breakout and then the trendline from ATH in purple. Target 1: 111 Target 2: 120 Target 2: 131
NYSE:SHOP looks pretty good here. It seems to be bull flagging (teal channel) in a solid uptrend both on a shorter term (green channel) and longer term (purple channel) view. Looks like a solid buy here for a continuation higher. Target 1: 88 (resistance of red downtrend channel from ATH) Target 2: 105 (resistance of green uptrend channel from Nov. low) Target...
It looks like this has bottomed. Very similar look to many other growth names but hasn't really caught much of a bid yet. With news of the TikTok ban, this could see some tailwinds finally. It's been consolidating sideways in the orange channel for some time. If it can get above the turquoise downtrend channel from ATH around 15 or so, I think it could breakout...
It's been dropping like a rock recently, but looks like it may be a good buy here at the green uptrend channel support from the April bottom. Also at megaphone support (purple). I would expect it to bounce soon and fill out the megaphone some more before breaking it out down the line. Target 1: 250 (orange downtrend channel) Target 2: 283 (purple megaphone...
NYSE:SQ has been on a tear recently but is now starting to pull back with the rest of growth names. It looks like it may be forming an inverse head and shoulders here and it's bull flagging. Target 1 = 80 near the neckline for the IHS. Target 2 = 91 top of uptrend channel from November bottom. Target 3 = 103 top of long term uptrend channel in green. Bull flag...
CVNA looks to be consolidating here. It looks like the bottom may be in and it is forming two bullish patterns at once - a megaphone as well as an inverse head and shoulders. Neckline is in purple, megaphone in orange.
CAPITALCOM:RTY AMEX:IWM looks primed for a breakout. it's been lagging the other indices and with rates going lower, a lot of growth names could see some headwinds here. Market likes to get ahead of itself. From a technical perspective, it broke the downtrend from prior ATH before but failed and now it's trying again. Could be a good move out of it
TTD is just a strong resilient stock. one of the top 25 in the Nasdaq this year. there was speculation they were going to be added to SP500 but ended up being uber. It's consolidating here but in an uptrend. it also looks like it has a triangle forming here
TSLA got that look. All eyes on the triangle that's formed here. If it can break that key downtrend line, could be on the way to $300+ and ATH eventually.
DE is in a downtrend technically but it also formed a triangle here and looks like it is primed to move and catch up with the rest of the SP500
Watching the megaphone here. usually favors a bullish resolution. It's in a decent uptrend and currently lagging the rest of FANG. a top 25 nasdaq performer this year that I think will be playing catch up soon.