RA_Capital

RA_Capital

$AEM has been trading inside a parallel channel since Aug Yesterday we had a breakout on more than 3X 20MA volAvg MACD has crossed up , price trades above all major MAs Potential target around 90+ Good luck, TA

RA_Capital

$PFSI has just broken from a rounding formation Neckline stands at 56 so it has to hold above that MACD cross up on above 20MA VolAvg day Potential target around 64 Good luck, TA

RA_Capital

$DHI showing strength like all the " housing" related stocks Bounced from the 50EMA Closed above the downtrend, above the 20 EMA, 5/10 EMA crossed up yesterday, all this on abive 20MA VolAvg Long with target $76+ Good luck, TA

RA_Capital

$AAWW daily chart held the 50EMA and bounced all the way back above the 20EMA Sector shows relative strength in the past 2 sessions Price closed above downtrend line , above 20EMA and we had the 5/10 EMA cross up yesterday A push above 58$ could see this squeezed to ATH area above 60$ Good luck, TA

RA_Capital

$NIU is breaking out of a beautiful classic pennant on daily chart Yesterday the 5EMA crossed up the 10EMA Price trades above all major MAs, RSI at 61 with plenty of room, MACD ready to cross into positive area Also notice the volume in the past sessions above the 20MA AvgVol They tried to push it back today after the open, retested the 20EMA and we are looking at...

RA_Capital

$PENN has formed a classic Cup&Handle pattern since the pandemic started and is now looking to breakout from it IMPORTANT NOTE: company is reporting ER TODAY before market opens. Price is trading above all major MAs, RSI is 61 , MACD just crossed the signal and in positive area IF the stock closes above cup neckline around 19.20 (ideally on volume bigger than the...

RA_Capital

$ENPH has a beautiful cup&handle pattern from where it has tried several times to breakout MACD looks very good crossing up and turning positive, RSI is at 69 but this stock has a history of melting up in overbought area Company had ER yesterday , beating the expectations and the move up was on 2.5 times more than the 20MA VolAvg Also worth noticing the 20EMA...

RA_Capital Updated 

Nice little "red to green" day on Friday Price found support just above EMA50 and 23.6FibR ( move from Dec 18 lows) Volume on Friday was double the 20MA VolAvg Target 62s and then 64s

RA_Capital

$MIME has been trading inside a classic ascending triangle since early May and has broken decisively yesterday on almost double 20MA VolAvg RSI at 65 and MACD in positive area, both with plenty of room to run before overbought condition are met Stock trading above all 3 major MAs Measured move target is around 51.48 Good luck, TA

RA_Capital

$CL is breaking out of a month long ascending triangle pattern on volume bigger than the 20MA AvgVol Notice RSI is breaking out also above 60 and MACD is about to go positive. Both with plenty of room before overbought condition. Company reports earnings Friday, 31st on July BMO, so it could be a classic ramp up before ER Measured target from the technical...

RA_Capital Updated 

$PPL daily chart has made a low back in summer 2018 and has been trading inside an ascending triangle since Stock has seen increasing volume way above average in the past 3 sessions MACD has crossed and turn positive , RSI at 65 still with room to advance Watch for a close above 32.45 in order to participate Measured target stands around 39.60

RA_Capital Updated 

$ASC is another Oil&Gas shipper that is breaking out from a multi year consolidation/bottoming pattern Since the OCT'16 low the stock has been trading/consolidating/bottoming inside a box (trading 5.00-9.05 range) with an attempt to break down during the DEC'18 capitulation Starting with the summer 2018 the stock has formed a C&H pattern on the weekly chart This...

RA_Capital Updated 

$FFIN stock made a low in MAR'18 at 27.13 on very big volume that to me it signals capitulation Since then the stock has formed an ascending triangle with resistance at 33.42 Last week the ER have come in above expectations and the stock had the weekly close above the resistance MACD and RSI both nicely bottomed out and curved up in supportive mode Measured target...

RA_Capital Updated 

$CR price has been forming a simetrical triangle for the past year Price action suggests that we might go and breakout from it (keep in mind it tried in july and failed) MACD and RSI support the move up Look for a WEEKLY close outside the triangle in order to participate Measured target around 114.91 Good luck, TA

RA_Capital Updated 

Beautiful weekly chart here for $RHI Stock has formed the first descending triangle in 2018 (bottom line support is the FEB'18 low and top of the triangle is the AUG'18 high) After the DEC'18 correction stock is forming a second descending triangle ( DEC'18 support line and APR'19 high top of the triangle) Price action last week saw the breakout from the first...

RA_Capital Updated 

$CAT has formed a descending triangle since the high in JAN'18 , but also has been trading inside a descending parallel channel since then Now after last week ER that was actually rather weak, the stock has found some strength and is trying to breakout from the almost 2 year downtrend MACD positive and histogram green for the past 2 weeks and rising , RSI around...

RA_Capital Updated 

$HUN stock price has been range trading / consolidating for 12 months inside the purple rectangle (with the exception of 2 failed breakout attempts in FEB and APR 2019) After the summer bottom around the end of AUG'19 stock has rallied towards the top of the range around 23.81 but failed to breakout and instead started to form an ascending triangle ( dotted black...

RA_Capital Updated 

$CUTR has completed a very nice looking C&H pattern on the weekly chart After the earnings results it has broken and closed multiple weeks above the resistance line at 32.70 MACD and RSI are somewhat extended , but keep in mind is a weekly chart so there is still some room to run Measured target is at 53.08 Good luck, TA