CRDO- Channel breakout given at 20. It will again aim for 22. If sustain above 22 then it will go for 22.5 and 27 in coming sessions
SPY made an attempt to breakout of the weekly bullish flag yesterday but failed, closed below PD high, and now gapping down. Bears seem to be in control for the short-term following the slight hot CPI umber. Slightly bearish bias today but need to start closing below PD low for confirmation. SHOP - traded shop at the close yesterday and saw some large order flow...
On my focus list heading into next week. Need to see a volume surge as price moves thru the 15.41 pivot level. Market internals are very strong, breakouts have been sticking, indexes moving to key levels and holding up nicely. Set up for a potential bull run.
this chart needs no explanation. Overhead trendline resistance test in progress. That should create another pivot for eventual breakout. Likely candidate for a run later in the year.
CRDO looking interesting here if market is behind us... have to wait and see... not been doing much.. most bo been failing....
$CRDO looks pretty! Nice cup with handle. Handle bottom in?
now it may finally breakout, watching for break of 16.54 for confirmation, after that we can target 23.49-30-38.37
Breaking key pivot levels on increased volume looking for test and break above all time high of $18 for potentially explosive move
$CRDO trying to reset again. I like that mini head and shoulders bottom in this base its trying to build.
Let's see if $CRDO can continue to build this right side pivot (orange bars).
Continuation flag. Waiting from break out the flag pattern. Will enter on confirmation once the high of breakout candle is broken. Stop atm is around 11.50. Profit Target 1 then move stop to break even. Allow to run to profit target 2.
$CRDO was a stock that I traded and posted about that setup here 6 days into its IPO. Getting back on my radar with that down trend break and potential cheat it is building. 52% deep base, so would like to see this tighten up around that $13.50 level (orange bars)
* New IPO with a strong up trend even in this market * Great earnings report * Sector: Technology - Communication Equipment * Relative Strength vs. Sector: 2.62 * Relative Strength vs. SP500: 4.18 * U/D Ratio: 1.07 * Base Depth: 28.05% * Distance from breakout buy point: 0.31% * Volume 66.03% above its 15 day average. * Bullish candle with high volume with a great...
$CRDO impressive IPO. How many looking this good in this type of market? I normally like to wait for more than 8 days but defiantly grabbing my attention. Haven't seen this catching fire on Fintwit yet.