The daily scans remain muted with the current market environment, and with the market position where it is (see intraday S&P 500 chart above), there are numerous stocks testing the lower end of their recent ranges, and lots making Stage 4 continuation breakdown attempts. So a number of the highlighted stocks are at the lower end of the recent base structures. So I'll be watching to see if they attempt to Spring, or whether they make Stage 4 continuation breakdowns.
There were 17 stocks highlighted from the US stocks watchlist scans today
HLIT, CANO, DCGO, EL + 13 more...
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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.