Stage 1 Bases Continue To Develop in More Groups and the US Stocks Watchlist – 11 September 2022

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There were 51 stocks for the US stocks watchlist today

AAPL, TSLA, ATI, DBI + 47 more...

There was a huge amount of scan results to go through again, which usually is suggestive of being extended in the short-term, although on the rarer occasions it will be a major breakout move. So the probabilities favour being extended. But there are lots of developing Stage 1 base structures as you might have noticed from the recent posts, with the three day bounce starting to carve out potential higher lows within Stage 1 on many charts, and the amount of groups in Stage 1 expanding. 

I will talk about the watchlist stocks more in the members weekend video, which will posted later today (Sunday).

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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.