Tuesday 8 February 2022
Recent IPO $AIRS is continuing to develop in Stage 1 on the intraday chart and daily chart at its 50 day MA.
I took an opportunistic short double top entry earlier in $CENX as it had moved strongly in sympathy with the continuation in $AA which had reached its +3x ATR level. It's pulled in a few percent or so, but it's still holding up currently, so I have moved my stop to breakeven now
The greater than +1x ATR scan has popped up today from 160 yesterday to 274 currently. So is up to 16% above their +1x ATR level. i.e. in a short term uptrend.
$HOG with a potential return to a weekly Stage 1with a Earnings Gap Significant Bar today back through the 200 day MA after a shaking out in January.
The NYSE and Nasdaq Bullish Percent Indexes are continuing hold their intraday short term uptrends for the time being.
Of the Nasdaq 100 ten top holdings. Only $AAPL is above its 50 day MA, and only 3 are above their short term 20 day MA.
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.