Consumer Discretionary and Technology stocks led today, boosting the Nasdaq 100, which has more than half of its stocks in those two sectors, and it's now pushing up to test the October pivot high, with 77% of its stocks currently above their 20 day EMA, and 54% above their 50 day MA, and 60% above their 200 day MA. So, although the Nasdaq 100 is technically in Stage 3 (i.e. within a distributional range), it is showing a positive short-term change of behaviour.
There were 30 stocks highlighted from the US stocks watchlist scans today
AFRM, DDOG, DT, ODD, + 26 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.