[isatrader]

$UNFI with a Stage 2 continuation breakout attempt to new highs on strong relative volume today. SATA score of 4, so will be watching how it develops in the coming weeks on any backup type price action

Follow up on the $UNFI from earlier in the week. It completed the Stage 2 continuation breakout on 8.6x average volume and with a SATA score of 4. So watching how it develops on any backing up type action

       

[isatrader]

➜ For the watchlist from the weekend scans:

AAL, AAPL, ACM, ADBE, ALK, ANF, APP, ASAN, BNED, BOX, BYD, CRC, DASH, DEN, DISH, EB, ERJ, GDRX, GSM, MDB, MSFT, MTCH, NET, NTNX, ONDS, SCR, SOFI, U, UAL, UPST, ZIM

For the individual daily charts go to the private twitter channel at: https://twitter.com/Stage_Analysis/statu...6807303173

   

[pcabc]

Energy companies

With the discussion of the strength of the US energy sector I've run a scan for this sector.

COP
Breaking out of pre-MArch 2020 highs.  Has risen some way.  Volume up, though perhaps not as much as we would like.  Zero line for Mansfield RS has just gone to a positive slope.
       

ERB
reaking out, but volume not as high as we would like.
       

HESM
On a pullback to the breakout level.  Volitility contraction pattern, and breakout higher than the high before the March 2020 crash.   Better volume than the previous two, but volume is quite 'spiky' for this one.  Again, in the last six weeks the RS zero line has gained a positive slope.
       

NXE
Another pullback, but to below breakout level.  But excellent volume.
       

PBT
Breakout, continuation, excellent volume.
       

SBOW
Just breaking out.  Volume has been heavier over the last few weeks than previous, and a definite higher low prior to breakout.
       

TGL
       

TNP
Good volume spike, breakout.  Is this a penny stock if it were US?  Data has a few gaps on reflection and looking at the price action this looks a bit volatile and thin/less than ideally liquid?
       

URE
Pullback after breakout on a nice strong volume spike.
       

[isatrader]

Growth struggling from the open, but the S&P 500 $SPY is continuing to develop in its intraday Stage 1 base

   

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$BILL from the watchlist pulling back with the rest of growth stocks today, but still within the 27 August significant bar range and above the still rising 50 day MA

   

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There are areas of strength today though. $SI from the watchlist has followed through over the last few days with a sign of strength rally in Phase D of its base

   

[isatrader]

For the watchlist from Mondays scans:

AMAT, APTV, BILL, BROS, EVRI, EXPE, GOGO, MARA, ONDS*

   

*ONDS - see blog post from the weekend for more detail on this one, which showed strong RS today as it holds at the top of its Stage 1 base.

[isatrader]

There were 9 stocks for the US stocks watchlist today. Here's a small sample from the list:

$MARA, $BILL, $AMAT + 6 more...

   

To view the sample daily charts go to the blog at: https://www.stageanalysis.net/blog/67946...tober-2021

➜ Members: can view todays full watchlist and charts on the private twitter feed

And to get the Stage Analysis Newsletter directly to your email inbox. Sign up for free at https://www.getrevue.co/profile/stageanalysis

#breakouts #trading #stocks #StockMarket #money #nasdaq #nyse

[isatrader]

$LCID from the watchlist consolidating near the top of its Stage 1 base in potential Phase D and above the key MAs in a strong RS group.

Side note: Spotted some product placement for LCID in recent episodes of Goliath.

       

[isatrader]

$NFLX in the backup range following the Stage 2 breakout three weeks ago from the one year base.

$NFLX from the watchlist moving into Stage 2 on the intraday timeframe today with a significant bar with heavy volume on the breakout.

Weekly chart shows the bigger Stage 2 breakout 4 weeks ago and backup consolidation since.

$NFLX attempting to make the continuation breakout in the fledgling Stage 2 to new highs from the recent backup range