RE: US Stocks - Watchlist and Discussion
As always there was numerous stocks highlighted during the week on the Elite Board, of which here's a few of the most interesting imo:
XNCR - Early in Stage 2, but potential for a Stage 2 continuation attempt after consolidating for the past month since it's Stage 2A breakout.
ARMK - Stage 2 continuation with strong relative volume. Moving to new highs
NPSP - Stage 2 continuation from a one year range with strong relative volume to close at new highs
DHT - Stage 2 continuation on very strong relative volume. Extended short term, and so may need to consolidate or pullback.
MRVL - Potential for Stage 2 continuation attempt. Has recovered back into Stage 2 with a strong volume breakout this week, but is still below near term resistance from the 2014 highs.
IPHI - Stage 2 continuation at the start of the year on strong relative volume, which continued this week.
CJJD - Stage 2 continuation two weeks ago, but attempting to break through near term resistance to new highs.
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.