Monday 27 September 2021
$AMD from the watchlist rebounding through the near term pivot from undercutting the 50 day MA today
$TSLA I talked about the Automobiles group RS at the weekend in the video and on the Group RS post.
TSLA attempting to begin the weekly Stage 2A breakout today
$LC from the watchlist holding above the 21 day EMA. Watching for it to follow through above the near term pivot.
Another day of testing following the spring type action last Monday. Growth and IPO stocks get hit hardest, but Nasdaq Composite holding around the 50 day MA and IWM showing strong RS and following through with a higher high
$IRNT potential for a squeeze type move as it forms a Stage 1 base on the lower timeframes on low volume. Watching for a significant bar (large price range with heavy volume) that clears a near term pivot convincingly on the 30 minute chart.
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.