[isatrader]

$TSLA attempting to spring off of the declining channel but coming into bottom of the recent base and 21 day EMA. So could meet some supply, as it is an area where shorts like to enter on the pullback to resistance.

   

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$PAYX has been highlighted in the watchlist 3 times since October. It is making a Stage 2 continuation breakout attempt to new highs following earnings results. So potential for a Significant Bar.

   

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$AEHR moving back above the +1x ATR level. Low cheat area, but still under the 50 day MA currently.

   

Former leading stock $AEHR with an early Stage 2 breakout attempt from its intraday Stage 1 base. It is showing some strong relative volume but meeting some resistance so far. So maybe too early and hence an upthrust in Phase B of the base. But is moving it into focus.

But if it does breakout into Stage 2 on the intraday timeframe, then that will start to bring it back into focus on the higher daily timeframe as it approaches the +1x ATR level and 50 day MA.

I'd say this is a reasonable example of what Mark Minervini calls the "Low Cheat" pattern. Which as you can see from the intraday 2 hour chart, is just a Stage 1 base on a lower timeframe, which then can give an earlier entry point than more traditional higher pivot points.

Being an early entry point area though, it's much more failure prone, so a smaller position size is generally the tactic if it makes the intraday Stage 2A breakout, which you can then add to gradually at higher pivots as the fuller pattern develops. Which with the low cheat is often a cup with handle type of pattern.

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$SOPA potentially of interest for the really short term day/swing traders with a heavy relative volume move the last few days.