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Technical Analysis

US Breakout Stocks Watchlist - 15 July 2020

Notable today, was the multiple breakouts on the Percentage of Stocks above their 20 day MA charts, back to the upper zone after pulling back over the last month, which is very healthy. And also the VIX is once more close to its 200 day MA. So could test it tomorrow again...
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US Breakout Stocks Watchlist - 14 July 2020

A big reversal today after yesterdays selloff with a lot of rotation, as the weaker areas of the market showed the best relative strength. A particular area I noted in my scans tonight was numerous consumer staples stocks breaking out from bases.
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US Breakout Stocks Watchlist - 13 July 2020

A big negative distribution day today, with stocks pushing higher early and then reversing and closing down strongly. My portfolio had an 8% range on the day. So was a big swing with many leaders reversing hard like TSLA. But one day does not make a trend and earnings season kicks off tomorrow...
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US Breakout Stocks Watchlist - 12 July 2020

With the VIX knocking on the door of the 200 day MA once more and the S&P 500 consolidating near the top of its recent range in a cup and handle pattern. This week could see some rotation once more if the S&P 500 can breakout...
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US Breakout Stocks Watchlist - 9 July 2020

For the watchlist from Thursdays scans - A, ADI, AMD, AXNX, CDLX, CGEN, FFIV, FIT, FTCH, GLUU, HEAR, IPGP, LLNW, LULU, MCHP, MDB, MDLA, MXIM, PING, PTC, QGEN, QLYS, RGEN, ROKU, SPCE*, SWCH, TENB
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US Breakout Stocks Watchlist - 6 July 2020

I chose to just observe today as multiple stocks gapped up strongly on the open. So on days like this there's not much to do but sit back and let the portfolio work, and observe the price action of the leading stocks and how they close.
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