Tuesday 11 January 2021
Reasonably positive moves in majority of yesterdays watchlist stocks so far today. But nothing aggressive.
Major indexes rebounding from yesterdays swing low and approaching the first test at the resistance zone from last Wednesdays reversal significant bars.
$ZIM from the watchlist with a Stage 2 continuation breakout attempt on strong relative volume today
$SU another from the watchlist with a Stage 2 continuation breakout attempt today. But only on average volume so far. Here's the weekly chart.
Modest follow through in Technology stocks after yesterday's stopping action. But Energy stocks taking the lead again today with very strong moves in the group. And the new highs scans is dominated by Energy and Financial stocks today.
$PBR from the watchlist and the Energy sector making a Stage 2 continuation breakout attempt today to new highs.
$BBW significant bar reversal at the highs, so potential double top
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.