RE: Watchlist stocks - weekly charts
(2020-11-15, 12:26 PM)isatrader Wrote: Here are few of the better looking weekly charts from this weeks watchlist stocks:
AA, BILI*, CRSP, CVAC, CVNA, FUTU*, GOGO, SONO*, VERI
*Earnings are due this week
SONO is one of the more interesting charts to me, as has had a massive double bottom pattern over the last two years and is now developing a Stage 1 base near the highs, above the IPO week low. The RS line is above a flat zero line and it has good liquidity. So has potential for a Stage 2A breakout attempt.
For SONO the volume in the last five months is much higher than previously.