$ATXS – WATCH: Beginning Stage 2

$ATXS – WATCH: Beginning Stage 2

Summary Looks to be just transitioning from Stage 1 to Stage 2. It's already up 40%+ out of the transition. Fundamentals are weak, but there is incoming strength for some other reason. Watch for retest of transition area or, more likely, a Base 1 to…
$TMDX – REMOVE WATCH: Getting Sloppy

$TMDX – REMOVE WATCH: Getting Sloppy

Summary Pivot reset about 10 days ago, which is what I was originally watching for. Pivot BO again, but on little volume. Made a weak move up to turn then BO there on little volume. Turn BO failed on increasing volume and retested 50-day. Retest…
$ATI – UPDATE: Up 0.89R, Closed Above Turn

$ATI – UPDATE: Up 0.89R, Closed Above Turn

Summary Today had the follow through I was looking for. There was a clean break of that contraction channel and a nice move to close above the turn with still increasing volume. Normally, I would have added to the position as it pierced the turn,…
$ATI – UPDATE: Up 4.02%, Nice Recovery

$ATI – UPDATE: Up 4.02%, Nice Recovery

Summary Yesterday's close was looking sketchy and put this trade into a do-or-die situation. Today, it did and I'm back up 4.02%. I was looking for, at least, a close back above the 50-day MA. Not only did I get that, but also a close…
$PCVX – Buy: @ $48.31

$PCVX – Buy: @ $48.31

Summary Today was interesting. The price actually gapped over my limit the pulled back to the limit to execute the order. Despite the strong open, it deteriorated with the rest of the market as the day progressed. Even though it was a bad close, the…
$BTU – REMOVE WATCH: Looking Weak

$BTU – REMOVE WATCH: Looking Weak

Summary This hasn't broken out of its Stage 2 uptrend, but it did close below it. I don't like that big volume drawdown on 12/28/22 which really made a mess of the contraction count. Also, it closed below its 50-day MA and closer to the…