You'll note that there is numerous stocks tonight that have had significant bars in the last week and have pulled back on the market weakness the last few days into those bars on lower volume.
The Airlines group also making another appearance today with those kinds of moves.
$STEM had earnings back on the 9th and attempting to move out of the smaller base structure that's formed since the August within the broader Stage 1 base. Approaching the 200 day MA.
$SOFI holding the 15% overnight gap from earning results so far
$AFRM gapping overnight on earnings above the +1x ATR level, but has drifted back down in the opening hour towards the 21 day EMA. But still up 14% from yesterdays close currently.
$OPEN another strong earnings move with a 17% gap back through the 21 day EMA.
$APP from the watchlist with another earnings gap this morning and back up towards the +3x ATR level and new highs
$PLUG from the watchlist attempting a continuation breakout in early Stage 2 following mixed earnings on the 9th Nov
$FCX from the watchlist attempting to breakout into the Sign of Strength rally zone from the base structure.
$SEMR from the watchlist with an inside day near to a pivot level following earnings on the 9th Nov. Watching for a breakout attempt.
$ZIP reacting well to its earning report yesterday with a 13% move, breaking it out of the local range since late September.
$DASH good follow through today back towards the the recent high. Potential for a Stage 2 breakout attempt
$TASK from the watchlist had earnings yesterday. Pulled back intraday, but has turned back up as the day as progressed and approaching the 50 day MA and near term pivot. So could be potential Phase C of the base structure within the broader Stage 2 advance since the IPO.
$ABNB holding up well relative to the 5th Nov Significant Bar (SB) on contracting volume & above the +2x ATR level. Has featured in the watchlist numerous times since June, and tried trade it back then for a few small losses but wasn't ready. But has moved well since August SB.
$BKKT has come off a fair way since the recent high but volume has continued to be low on the pullback, and it's held up in the upper third of the initial Significant Bar.
$AEHR one of this years leading stocks with an 800%+ Stage 2 advance.
It has held up well during this weeks volatility. It's pulled back almost -20%, but hasn't shown a change of behaviour and volume remains light. So could be more in the tank yet ?
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.