US Stocks Watchlist – 9 August 2022
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SWAV – Stage 2 Breakout Attempt
SWAV highlighted in the watchlist lower in the base structure is now making a new Stage 2 breakout attempt to new highs following earnings results with Relative Strength vs the S&P 500 at new highs ahead of the price action in a strengthening sector. So next potential entry zone in the Stage Analysis method would be a constructive backup towards the Stage 2 breakout level.
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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.