Tuesday 12 October 2021
$LCID from the watchlist holding around the key MAs in late Stage 1 in the strengthening automobiles group. Pullback has been on diminishing volume and is less than half the recent swing from the low
$UPST intraday Stage 1 developing on 1 hour chart. Watching for a Stage 2 breakout attempt on the lower timeframes, which would be a Stage 2 continuation on the weekly timeframe if so.
$APPS from the watchlist with a breakout attempt from the Stage 1 base today on +126% above average volume for the time of day. So potential could be moving into early Stage 2 / Sign of Strength rally. But at the +3x ATR level. So a bit short term extended.
$ABNB from the watchlist moving back above the +1x ATR level within the backup range in the broader weekly Stage 1 base.
$ZETA from the watchlist consolidating in the upper part of the significant daily bar from the 5th October
$MDB from the watchlist starting to develop a Stage 1 base on the intraday 2 hour timeframe
$RRD gap up significant bar on exceptional volume
Software group with strong RS since the recent swing low. RS line approaching the highs ahead of the price action.
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.