Blog

Stage Analysis

In Focus: Bitcoin approaches all time highs

Since the Stage 2A breakout point on the 27th July 2020 its moved in textbook fashion with an initial rally and pullback to setup for the secondary B entry point, and then made a Stage 2 continuation breakout higher on the announcement by PayPal that US users of PayPal would be able to start buying and selling Bitcoin directly from the PayPal app, which has driven the Stage 2 advance towards the all time highs.
Read More

In Focus: Travel & Tourism Group

There's notable Relative Strength in the Travel & Tourism group (7th and up +40 places in the last month, to move into the top ten) with multiple stocks moving into the Stage 2 advancing phase and strong relative volume coming into the larger names of $EXPE & $BKNG as they broke out this week
Read More