US Stocks Watchlist - 24 January 2022
➜ For the watchlist from Mondays scans:
ADBE, AEHR, AMBA, ANET, BC, CB, CDEV, CONN, COST, CPG, CTXS, DDOG, GFI, GGB, HAL, HD, KSS, LMT, MGI, MRVL, NEM, NEWR, NVDA, PANW, PSTG, PTEN, PUMP, SG, TAP, TNL, TRV, TSLA, U, UHS, VOD, XOM,
A big list tonight, with the large amount of U&R type moves today. But with those type I'm looking at them for potential mean reversions to the short term MAs or to prior resistance, as many are fairly broken technically. Energy stocks with most potential & RS to reach new highs.
For the individual daily charts go to the private twitter channel at: https://twitter.com/Stage_Analysis/statu...5491661825
Also, remember that earnings season is underway, so make sure that you know when any stocks that are trading are reporting. Go to https://www.earningswhispers.com/calendar and use the search if you're not sure.
$CDEV from tonights watchlist caught my eye on the weekly chart with a Volatility Contraction Pattern (VCP)* developing with VCP Footprint of 31W 48/14 3T
*See Mark Minervini's excellent books that include Chapters on Stage Analysis to learn about the VCP and how it is traded.
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.