Monday 18 October 2021
$BTU highlighted multiple times since May in the watchlist with potential for Stage 2 continuation breakout attempt.
Coal remains the strongest group and BTU has been leading the Coal stocks.
Stage 2 breakout post from May: https://twitter.com/stageanalysis/status...9932590084
$FCEL with a significant bar on heavy volume on the intraday chart. Weekly chart starting to develop in Stage 1
To help with why I'm highlighting $FCEL today you need to look at it in multiple ways. One area that I look at is the Anchored VWAP.
I like to look at the Year to Date anchor & from a significant swing low or high. So today it's moved above AVWAP since the May Selling Climax.
$PLUG from the watchlist with a reversal today back above the +2x ATR, and holding the support from the significant bar range.
$AMD continuing to make good progress since the spring attempt I highlighted on the 21st Sept with breakout from the lower range today.
$TSLA hitting the +3x ATR level today. So getting a little bit short term extended since I highlighted it in the backup range, reversing back up at the 21 day EMA on 21 Sept
$ASAN still my strongest holding at the moment. Currently basing and forming a cup with handle pattern on the 2 hour chart. Watching for a strong volume move through 120.66 for a potential continuation attempt. Might consider trimming if a continuation attempt fails.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.