RE: US Stocks - Watchlist and Discussion
A few for the watchlist with big relative volume today:
BABA - Stage 1B, potential for a Stage 2A breakout attempt
CORT - Stage 2A breakout attempt on 5x average daily volume
RYT (Equal weight technology sector ETF) - Stage 2 continuation attempt to new highs. Just goes to show that the big technology stocks are weighing down this sector and likely the nasdaq too, as the equal weight is hitting new highs.
HELE - potential for a Stage 2 continuation attempt with 3.3x average weekly volume already today. Huge volume for this stock.
SINA - Stage 2A breakout attempt and highlighted earlier by shaun. 4.23x average daily volume today and big one year base with a considerable volatility contraction pattern (VCP). Potential imo.
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.