$HP – REMOVE WATCH: Too Volatile
Posted inHP

$HP – REMOVE WATCH: Too Volatile

Technicals I was watching to see if this would form a high tight 3rd contraction. However, the contraction is now down 18% and not sure if it's even over. That's still too much volatility. I'll remove this from my watch.
December 9, 2022No Comments
$TMDX – WATCH UPDATE: Pivot Reset
Posted inTMDX

$TMDX – WATCH UPDATE: Pivot Reset

Technicals Today closed back under the turn. It happened a lot quicker than I thought it would. I see the odds in favor of continued market pullback. Therefore, I'm thinking a complete pivot reset is the more likely outcome than just a retest. With that…
December 6, 2022No Comments
$ATI – WATCH: Pivot Volume
Posted inATI

$ATI – WATCH: Pivot Volume

Base Count The price crossed below the 40-week MA on the prior downturn, which would have signified the end of the prior Stage 2, or a continuation of a Stage 1. Either way, the subsequent run went over 160% in about 20 weeks which crossed…
December 6, 2022No Comments
$SLVM – WATCH: 4th Contraction
Posted inSLVM

$SLVM – WATCH: 4th Contraction

Base Count A newer IPO that looks to be transitioning out of its primary base into a Stage 2. Fundamentals Has shown good QoQ growth with acceleration into the lates quarter. There was a big surge in margin expansion that thrusted them into profitability. Technicals…
December 5, 2022No Comments
$HP – WATCH: Forming a 3rd Contraction
Posted inHP

$HP – WATCH: Forming a 3rd Contraction

Base Count Looks like it made a nice 160% run out of Stage 1 as it entered Stage 2. It's currently forming a big base to consolidate those gains. On the weekly shown above, there is a big shakeout that recovered back into the base.…
December 4, 2022No Comments