Important Stocks To Watch - Breakout Stocks/ Important Developments
The Nasdaq 100 and SPX futures have cleared past highs decisively. Clear blue skies ahead for these 2 indexes at the moment. The Dow is still taking some time to overcome its old high to form a new all time high. Anyway if the 60 min uptrend of Dow continues to rise step by step, it should overcome the old highs very soon. What we want to see in the major 3 indexes is a disciplined step by step rise in the 60 min charts. This kind of rise is important because it creates pockets of support that will keep the stock market moving higher without much worry of a steep correction.
This website is still best viewed using a laptop as charts are bigger and clearer. But those using mobile can turn their phone sideways for a bigger view. Still haven't figured out how to enable zoom in on a responsive design. Not that tech savvy. Anyway you can tap on the chart and open it in new tab or save it. Then you can zoom into it for a clearer view.
Here's a summary of today's analysis:
Charts with the Freestockcharts.com label are courtesy of Freestockcharts.com
Charts with the investing.com logo are courtesy of Investing.com powered by Trading View
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May 05, 22 10:24 AM
What is the market doing and what is it likely to do?
Apr 27, 22 09:01 AM
As we enter April, will we continue to move higher or will there be a correction coming?
Apr 13, 22 11:46 PM
Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq.
Apr 12, 22 09:38 AM
Here are a list of stocks that are at their 50 MA and 200 MA. The 50 day moving average and 200 day moving average can be a support area where stocks bounce off
Apr 12, 22 09:34 AM
Here are a list of stocks that have broke out or about to break out. Breakout stocks can often give us a good reward to risk ratio.
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