Here are a list of stocks that are making interesting chart patterns. Do put them on your watchlist as they may move higher.
Some are breakout candidates and some are bullish reversal candidates. Stocks may also be at or near important MA. When I see an interesting stock, I will list them here.
EBAY, KLAC, MAR, MCHP, MRVL, NVDA, SBUX, SWKS, JNPR
Stocks at their 20 MA
AIG, DVN, JNPR
Weekly Bottoming Tail
HPE, HSIC, IP, OKE, REG, WFC, WMB
Cup With Handle
Weekly Bottoming Tail
CF - Breaking Out Higher
AAP - Daily ascending triangle
AMD is a stock that was mentioned sometime ago. Ever since the consolidation breakout it shot higher and have met its 1st target which is the measured move target. Sometimes a stock can just rapidly meet its target. If you are in this stock then the correct thing would be to sell some and raise your stop loss to breakeven.
For those who did not enter, then take this chart and study it so that next time you can also catch this kind of trade.
MARA is a stock I mentioned sometime ago on this page. It has broken out of an ascending triangle and about to meet target. But earnings is around the corner so anyone long this stock should sell a majority of the position. Best if sell all because we do not know what stocks can do after earnings.
Here is a list of stocks that are setting to breakout or have already broken out slightly. Put them on your watchlist and see if they can go higher.
With the stock market in an uptrend, it will be a good idea to focus on breakout stocks. Here are some stocks for you to consider riding the wave higher.
INMD is an interesting stock because it broke out of a cup with handle pattern. If you look closely the stock also formed a daily ascending triangle and broke out of it.
The stock is above the rising 20 MA and 50 MA which tells us to have a bullish bias.
As long as INMD stay above the lows of the handle, then it will go higher.
This is another asset management stock along with CG that is making new highs. It is finding support at the previous high and making a daily ascending triangle pattern. There is also a bullish cross which may help to propel it higher.
As long as BX stays above the lows of the pattern, then it could go higher.
After rising by a lot, CG consolidated a bit and yesterday broke out higher. This could be a bull flag and with the stock making new highs, it could really move up by a lot.
It could also hit the bull flag target since there are clear skies above. Stock is above rising 20 MA and as long as CG stays above the low of the box, then no doubt it will move higher. If you trade the stock that is also where you should put the stop loss.
ASAN is forming a possible daily ascending triangle at previous high support. It is above the rising 20 MA and 50 MA and therefore we should have a bullish bias.
If ASAN breaks out of the top of the pattern then it could go higher.
JEF broke out of a small ascending triangle. Ascending triangles can be big or small but they still have a continuation value. Since the stock is in an uptrend and above the rising 20 MA there is a high possibility that the stock can continue to move higher.
There is a minor support below which I have colored in green in the chart. As long as JEF stays above the lows of the pattern, then we could see JEF moving higher.
AMD just broke out of a consolidation at support. The previous high which it has overcome is a new support area.
I have drawn a box across the consolidation. I think as long as AMD stays above the lows of the box which is the green area, then we will see support in action. AMD will continue to move higher from here.
It had 2 topping tails that in candlestick language signaled a reversal back it was ignored. When something bearish is ignored it means it is bullish. There is a bullish cross recently and the stock is above the rising 20 MA.
FAST just overcomed its previous high and this will become a new support area. It also formed a bullish flag and broke out of an ascending triangle. Plus, it also had a bullish cross. This could help to propel it higher.
Stock just broke out of an ascending triangle yesterday. This could be a continuation move upwards.
AEHR about to breakout above a consolidation. Formed a bottoming tail yesterday and very near rising 20 MA. If it breaks above box, then could continue to move higher.
Stocks at 20 MA
AR, CDEV, CLR, FITB, GT, IMAX, MUR, NOG, RRC, SM, VET, ZION, ARCB, ASIX, DHT, DVN, FBP
Stock at 200 MA
ABMD, AJG, ANET, APD, ASIX, BLK, CDEV, CRM, CVI, DK, ENTA, EOG, GM, PSX, PXD, SLI, TWNK, VVV, ZWS
Consolidation At Support
ARCB, AMR, BBY, CFX, RE, FBP
Daily Ascending Triangle
AEP, FBP, TDC, WTI,
CRC, GDRX, GXO, PWR, SKIN,
Here is a list of stocks that are setting up technical patterns. Perhaps they might give you a nice trade this week.
IBM, MRO, MTB, NFLX, NOC, PAYX, PBCT, PSX, PXD, RTX, TTWO, ZION
AAPL, CBRE, CNC, DD, EFX
Consolidation At Support
Cup With Handle
Weekly Oversold Stochastics
Stocks At 200 MA
ALGN, ALLE, AMZN, CMS, DG, DTE, FE, ZBRA
Stocks At 50 MA
Stocks At Rising Weekly 20 MA
AWK, CARR, CDNS, EFX, GS, NVDA, ZTS
Stocks Making Weekly BT
AXP, BRKB, CNC, DTE, HBAN, LNT, V
Break Downtrend line
Stocks Making Reverse Head And Shoulders
Stock Making A Double Bottom
Stock Making Triangle
Weekly Stochastics Oversold
EVRG, LEN, PEG
Weekly Bull Flag
Stocks at or near 50 MA
JPM, AN, AQUA, BALL, DXCM, IPG, ODFL, PEB,
Stocks at or near 200 MA
FB, AEE, ALLE, AMAT, AMCR, C, CMS, EVRG, FE, FTV, MLM, NEE, PEAK, ROL, TRV, V, VNT, XLI, SO, THC
Stock Making, Made Or About To Make Ascending Triangle
AEE, AMAT, BLDR, CDNS, CERN, CPRT, CSCO, DG, DOV, FLYW, HZNP, LPX, NRG, NVDA, OMC, PRTY, REG, TENB, TOL, TTI, XLK, QQQ, DD
Stocks Consolidating At Support
EB, OIS, SNV, TFC, HP, ET
Stocks Making Bull Flag
ADNT, AWAY, BAC, BORR, CRC, ES, FHN, HPE, IBM, KOS, LDOS, MCF, PEP, RF, TDC, HP, ADM, HCC, MDLZ, MOS, NYT, ORI, PAYX, ZWS
Stock Making A Reverse Head And Shoulders
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.