TH

No surprise here after the last update. It continued to knife down through my stop. It made a pretty good comeback into the close, but still closed below the 50-day MA on big volume. In retrospect the tell was two days ago. It closed back…

This is looking a lot like a failed BO. It fell below the PoLR, the 20-day MA, pivot and on the brink of hitting my stop, which is just below the 50-day MA. I'll see what happens at the 50-day, but I've pretty much already…

The order filled at the open and squatted soon after. It retested the PoLR and the 20-day MA, where it bounced back, but still closed bad. Nothing has been violated so I'll let it run for a bit. Buy Details

This has been moving back down, pretty orderly, to retest the PoLR. That's a pretty typical event which gives another buying, or addon, opportunity. The volume has gotten down to very little and was an inside day relative to the day before. It made about…

In the last update I was looking for a normal reaction after a move out of the base and over the point of least resistance (PoLR). I'm happy to say, that reaction looks intact. This week has been rough for the market. Despite that, this…

Yesterday had some pullback after making a new 52-week high. Today was a good close reclaiming a good bit of that pullback. There was little volume in today's move suggesting supply is low and not much demand is needed to move it up. Next week…

Nice move through the turn today, which executed my order. It closed good near the highs of the day on just over average volume. I'm still not sure about this market. I think this is just a tradable bear market rally, so I'm not expecting…

Summary STAGE ANALYSYS In defined Stage 2 BASE COUNT Base 2 Cup and Handle TECHNICALS Formed a well-structured long ~5-month cup Currently finishing the handle moving back up towards the turn The turn is at $16.73 Very strong RS relative to sector, but sector is…