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$SNAP - Stage 2 Continuation Breakout to New Highs

SNAP make a Stage 2 continuation breakout to new highs this week following a 9 week consolidation period from the major Stage 2 breakout attempt back in July, where it gapped up from the major base structure on significant volume following its earnings announcement.
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$PLTR - Stage 2 Breakout

PLTR made a Stage 2A breakout this week on more than 2x the average weekly volume, which is one of the key criteria that we look for in the Stage Analysis method in order to differentiate between the high quality and low quality breakouts. The other key criteria are, Relative Strength versus the S&P 500 outperforming, Relative Strength versus the Peer Group outperforming and for the stock to have no near term resistance (six months or more of basing is a good rough guide for this).
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$LULU - Stage 2 Breakout

LULU made a Stage 2 breakout to new highs. You could make the case that it already moved into Stage 2 on the 23rd July. But there wasn't any volume uptick then and it only just committed above the top of the range, and so it lacked conviction at that point. Whereas this weeks breakout was on much more than 2x the average weekly volume requirement that we look for in the Stage Analysis method and came following a Power Earnings Gap (PEG) on Thursday to new highs after better than expected earnings results on Wednesday after the close.
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$CRWD - Stage 2 Breakout

$CRWD Crowdstrike Holdings made a new Stage 2 breakout last week from a seven month base structure on more than 2x weekly average volume and with relative strength versus the S&P 500 at new highs.
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$U Stock – Stage 2A Breakout

Unity Software $U stock made a Stage 2A breakout this week from the five month Stage 1 base that had been forming since the Selling Climax (SC) in early March. It closed the week strongly near the high of the weekly price bar.
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Bitcoin - Stage 1

Bitcoin is at a pivotal point once more as it moves back into Stage 1 on a weekly basis, (which is what we use to determine the major Stages), following a failed attempts to breakdown into Stage 4, which reversed into a Spring / Last Point of Support (LPS)...
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$PTON – Potential for a Stage 2 Breakout Attempt

$PTON continues to look interesting in Stage 1, following a failed Stage 4 breakdown attempt in early May, which turned into a heavy volume Selling Climax and reversed into a Wyckoff Spring. Since then its rallied back to the top of the trading range with a minor sign of strength and has been tightening up around the top of the range above the 50 day MA...
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$AMD - sign of strength?

$AMD has been basing for almost a year. However, the Stage 3 top failed to breakdown into the Stage 4 declining phase, and it has instead formed a spring and test, and last week followed through strongly to the upside within the trading range with a sign of strength bar...
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