Friday 10th September 2021
(2021-09-09, 10:48 PM)isatrader Wrote: For the watchlist from Thursdays scans:
AA, ADI, AMKR, ASO, ASX, BGFV, BLDE, BNTX, CRWD, FB, FTV, GEVO, GOOG, JAMF, KLAC, LTHM, NTAP, PXLW, RBLX, RH, SCPL, SEMR, SGMS, SIMO
For the individual daily charts go to the private twitter channel at: twitter.com/Stage_Analysis.....956875
$FB showing up on the watchlist again yesterday, as I'm noticing two inside days on lower volume as it consolidates near the highs around the 10 day MA & +1x ATR level.
Near term pivot 382.96, with liquidity resistance around 380 level.
Pre-market leaning towards the positive with energy strongest sector to start with.
$ASAN over the $100 level in the opening 30 mins. May need to do some further trade management on this today. i.e a stop loss raise or potentially some trimming if it can't hold the 100 level into the close.
Something that I look at when tracking a position is what are known as Significant Bars, where you have big price bar with strong volume. As they help show the strength of the short term trend and give near term support level based on larger liquidity in area of those bars.
$TIGR Stage 2A breakout attempt on intraday on strong relative volume and big price spread. Daily chart through the 21 day EMA and above anchored VWAP from 10th Aug swing high
$PTON is potentially now in Phase C of its six month base structure with a further sign of strength bar so far today on +375% above average volume for the time of day, and is attempting to reclaim the 50 day MA.
$SEMR from the watchlist. One of todays strongest movers with a continuation breakout to new highs on +69% above average volume for the time of day
$RBLX from the watchlist, also having a strong follow through today on +243% above average volume for the time of day.
$QQQ there was heavy volume on the 10am-12pm bar, but it failed to breakdown and couldn't even make a lower low (i.e. big effort, but no result) and has now reacted back above the peak liquidity level.
$IPO continued strength in the IPO stocks as the IPO etf makes a higher high today in Phase D (sign of strength rally)
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.