US Stocks Watchlist – 15 August 2022
The full post is available to view by members only. For immediate access:
Stage 2 Breakout Attempt – COCO
COCO was highlighted multiple times in the watchlist since May as it developed a Stage 1 base and moved into late Stage 1B. The last time it was highlighted was on the 25th July at $12 ,as it tightened up near the top of the range and held above the short-term moving averages.
It had a fairly muted reaction to earnings last week, with only a small move higher. But today exploded higher from the Stage 1 base structure into early Stage 2 on more than 3x the average daily volume, and so will be on watch for how it develops following the breakout attempt now and whether the methods secondary entry point forms or not.
US Stocks Watchlist – 15 August 2022
There were 21 stocks for the US stocks watchlist today
XBI, GILD, ADTN, ARHS + 17 more...
Become a Stage Analysis Member:
To see more like this and other premium content, such as the regular US Stocks watchlist, detailed videos and intraday posts, become a Stage Analysis member.
Join Today
Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.