GTEC.V early break-out on the weekly and daily with volume. Rising RSI. Rising sector. Rising main indexes. I think it fits Stan's Stage Analysis criteria for a buy-in (either now or on a pull back). There is also a lot of good sentiment around the stock and the sector more generally.
Best weekly charts from last weeks watchlist stocks
Below is a selection of stocks from last weeks daily watchlists that finished the week with promising looking weekly charts.
$GOOS initial Stage 2 continuation breakout on 3.34x the average weekly volume with RS versus the S&P 500 at new 52 week highs and a newly rising zero line
$DT another from this weeks daily watchlists. Weekly Stage 2 continuation breakout on strong relative volume
$EDIT starting to form it's first base since the weekly Stage 2A breakout back in early December
$MVIS Stage 2 continuation breakout to new highs this week in this monster with huge volume. Highlighted it at 7.62 on the 2nd. So already moved another 50%, but big potential still
$MX came in the watchlist on the 2nd. Closed the week well with a developing flag pattern near the highs
$PINS Another one from the 2nd Feb watchlist, made a Stage 2 continuation breakout to new highs this week.
$TWOU Cup with Handle pattern (27 weeks) in early Stage 2 above the peak liquidity zone. Potential for a Stage 2 continuation breakout attempt
$WIX Potential for a Stage 2 continuation breakout attempt. Earnings 2/17/2021 (BMO)
$ZI completes the Stage 2A breakout on more than 2x the 4 week average volume. Annoyed with myself on this one, as I sold it last week on the market weakness and didn't re-enter. Oh well. Will watch if the low risk backup entry point forms for another chance.
$ZM one of last years monster stocks at a potential pullback entry point this week
#stocks #trading #investing
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.
