[theory6453]

Potential continuation moves for the watchlist - SIMO, SMED, XRS, ORBC, RCON, WAT

Here is a chart that looked interesting to me as it came up on my Heavy Volume scan: SIMO. Isa highlighted it back in January as a Stage 2 continuation move and now it is approaching its 5-yr high. It scored pretty favorably on my Weinstein checklist and has a very strong IBD Accumulation rating. There doesn't seem to be any overhead resistance and if it can push past $23.50, it may have some room to run.