(2021-03-02, 06:20 PM)golubka20@gmail.com Wrote: What is your thought on RKT?
RKT has been on the watchlist since 25th Jan https://twitter.com/stageanalysis/status...87521?s=20 as was making its primary Stage 1 base, and had a sign of strength on that day. Todays breakout however, moves it into early Stage 2A. So as it's a gap up breakout you would need to use something like buyable gap up entry rules or the something like the Fishhook setup, which would wait for it to close above whatever the close is today, as long as it closes strongly near the high of the bar today.
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.
Nothing to add to my US stocks watchlist again tonight as the market remains in a basing phase with choppy price action.
As I showed earlier lots of charts are looking like the Nasdaq 100 on the intraday 2 hour chart, forming the early part of Stage 1 bases on that timeframe
$DT backed up to the 10 week MA last week following the continuation breakout in early February. Potential for a continuation attempt, with RS still strong
$GAN 35 week cup with handle pattern
$GNLN testing the demand line and backing up in early Stage 2
$HUYA backed up from the Stage 2A breakout attempt four weeks ago to the 10 and 30 week MAs. Potential to move out into early Stage 2 from the massive two year Stage 1 base.
$ABNB potential spring on the 2 hr chart, and held the 50 day MA on Friday
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.
