SMGBTrades

SMGBTrades

NYSE:ESMT Almost a 2 yr trading range and flagging out as a continuation play. Will keep an eye on.

SMGBTrades

Evalu. Date: 13-May-23 Trade Type: Consolidation (needs volume) MA Surf: 20 & MA convergence Move 15%+: Yes Angle 45ish: Yes ADR >4%: Yes Higher Lows: Yes Consol. >=5 bars: Yes 2+ Tight Closes: Yes Stop less than ATR: Yes Linearity: Yes Dly ASX:VOL Criteria: Yes Vol Dry-Up: Yes

SMGBTrades

- MA confluence on pullback - High RS - High ADR - Higher lows in base - Biotech

SMGBTrades

- Very tight right side - MA confluence - High RS - High ADR - Oil and Gas

SMGBTrades

- Big initial move right of out the gate - ~1 month consolidation - Confluence of MAs - New Momentum - High ADR - Pharma

SMGBTrades

- Massive move 2,000%+ - Obeyed 20 MA for entire move - Sitting back on 20 MA - High ADR - Tight right side - Biotech

SMGBTrades

- Run up and settle - Sitting on 5MA - High RS - High ADR - Biotech

SMGBTrades

NASDAQ:BBIO tight action. Pharma has been popping as of late - hopefully that continues. Anticipation set-up.

SMGBTrades

NASDAQ:DUOL setting up. Continuation set up looks good for this week.

SMGBTrades

NASDAQ:XPON tight coming into the 50 day. Nice run and holding tight.

SMGBTrades

Tight Action on $UNCY. Massive run up on big volume and holding level.

SMGBTrades

$FSLR later stage base but right side tight again. May take a stab at it.

SMGBTrades

$XPON pullback set-up at the 20D SMA. Very thin volume but nice set-up as it has surfed the 20D for the entire 600%+ move. Strong industry as well.

SMGBTrades

SMCI nice and tight, riding the 10 SMA. Just a watch for now, but nice to see under current market circumstances.

SMGBTrades

$AUPH AUPH inside days after good run up and decent beat. Liquid and increasing institutional interest.

SMGBTrades

$LW eight week base after run up on earnings beat. Riding the 20-Day, getting fairly tight with a decent close today considering market conditions.

SMGBTrades

Some nice "tennis ball" action (as @MarkMinervini likes to call it) on $PERI post-earnings.

SMGBTrades

Watch list for the Feb. 21 $BTAI $BURL $DOV $DKS $SYK $ESAB $STLD $NUE $BLDR $AEHR $SCCO. Earnings out front of some of these. $RXDX $MCHP $ELF and $MSI shaping up nicely.