$AVIR capped off the week’s market session with a considerable gain of +15.03%. This morning’s continuation all time high breakout have successfully negated the Bearish Shooting Star reversal candlestick pattern that was printed on 4th January 2021. The week’s rally also sums up an impressive cumulative gain of +77.36% since its IPO on 30th October 2020, just 10...
$TSLA was the top trending ticker symbol over at Twitter ($TWTR) in the last 12 hours, after closing with a +7.94% rally intraday. This is a new all time high attained by $TSLA at $816.04, post split. The breakout have also fully negate the Bearish Wedge chart pattern highlighted in the previous week, with $TSLA breaking above the upper boundary of the chart...
$MOD broke out of its 3 weeks consolidated range, trading beyond its $13 major resistance level with a pre-market open runaway gap pattern. It closed this morning at $13.47, representing a intraday gain of +6.40%, a similar breakout was also witnessed in $AMBA that was alerted yesterday. $MOD first sign of bullish trend resumption was signaled with a Bullish...
$AMBA is currently undergoing a consolidation, morphing out a Bullish Ascending Triangle chart pattern with price remains resisted at $96 range over the past 5 weeks. It has previously broken out of a short term consolidated Bullish Flag chart pattern on 2nd December 2020, rallying from $80 to $95, a quick 20% increment in its absolute share price in just 3...
With last week’s announcement of $CELH replacement of $CPRI into S&P 600 S&P SmallCap 600 constituent effectively on 7th January 2021, $CELH shares price was buoyed with a +13.26% pre market gap up on 31st December 2021. With this morning’s close at $49.54, $CELH have exhibited a cumulative rally of +121.29% since last highlighted, in a mere 41 days market...
Markets will face their first major challenge of 2021 as the rapid spread of a new, more contagious coronavirus strain means that economic gains could still be a way off. The December jobs report on upcoming Friday could show that the pace of hiring is slowing down amid renewed pandemic-related restrictions on businesses. Meanwhile, energy traders will be turning...
$CD closed with a major breakout this morning, leading the way as the best performing mid cap stock on the Eve of the New Year, closing at $23.96 with an intraday gain of +18.03%. $CD traded back above its 20DMA on 4th November, after a short term decline of -17.51% upon its 30th September 2020 IPO high. Price action continues to hug the 20DMA over the course of...
$TSLA has recaptured its all time high (traded on 18th December 2020) at the close of this morning session at $696.60, an intraday gain of +4.32% This totals up a +56.02% rally since the breakout of its Symmetrical Triangle chart pattern. Price volatility of $TSLA has been picking since early December as Wall Street braced for the inception of $TSLA into S&P500 on...
$AAPL have successfully exhibited a clean break of its 3 months consolidated Symmetrical Triangle chart pattern that was highlighted previously on 25th November. The breakout have $AAPL rallying +16.62% in 20 trading session, attaining its first profit target at all time high resistance point of $138.70 level. At the current junction, $AAPL’s attempted breakout...
$BCOV have successfully broken out of its Symmetrical Triangle chart pattern highlighted last week , rallying to an intraday gain of +6.75% this morning. The breakout of the pattern sets a directional play for $BCOV, along with uptick in price volatility and volume exceeding 100% of its 50D average observed. At the current price close of $18.83, $BCOV is still...
Stocks were lower for the week, as coronavirus continued to escalate, with 330,000 deaths across the US and almost 19-million cases reported. Risk-off could continue into the upcoming trading week, notwithstanding the US government’s vaccination drive. As of Friday, more than 1 million Americans were inoculated, and it has been the underlying tailwind for stocks...
$BCOV closed the half-day trading session at $17.64, an intraday gain of +2.08% at 98.68k transactional volume. The trading volume of $BCOV have significantly declined since the start of December, which led to a bi-directional (“drifting”) behavioral price action during the course. The lost of directional momentum have also allowed $BCOV to formed a short term...
$ZG have successfully broken out of its 8 months trend channel, infusing a further upward accelerated move of +11.51%. This is a cumulative gain of +55.14% from the Bullish Reversal Hammer on 10th November, previously highlighted. Currently, the upper trendline resistance-turned-support, have price action bounced off on 21st December 2020, acting as a first line...
$CRWD momentum remains at strength, closing with an intraday gain of +6.76% during a session with broad market weaknesses. $CRWD have attained a cumulative gain of +46.85% in this 2.5 weeks rally from the Bullish Ascending Triangle chart pattern breakout previously highlighted. The last 3 days session was traded with an average transactional volume of 10 million...
$CELH have defied the gravity by continuing to break its 52 weeks high (closing at $41.31), as global market indices traded lower as new coronavirus strain in U.K. weights on investor sentiment. As $CELH have earlier broken out of its Symmetrical Triangle consolidation pattern, along with a breakout of its short term Bullish Flag more than two weeks ago, ATR-14...
The Federal Reserve announced on Friday evening that it will allow the nation’s big banks to resume share buybacks in the first quarter of 2021 subject to certain rules. Bank Stocks rose across the board in post-market trading with $JPM (JP Morgan) +5.3%, $GS (Goldman Sachs) +4.4%, and $WFC (Wells Fargo) +3.5%. Going into the holiday-shortened Christmas week...
$CRWD have successfully played out its Bullish Ascending Triangle chart pattern breakout, attaining a cumulative gain of +32.81% in this 2 weeks rally. The closing session this morning was met with 15.26mil of transactional intraday volume, exceeding 315% of its average 50D volume at 4.45mil. Additionally, it is also observed that $CRWD is currently trading at...
$DOMO is currently playing out a staggered 3-step Stairway to Heaven chart pattern, via a combination from 3 series of successfully Bullish Flag chart pattern breakout in a short span of 15 days trading session. The breakout rally have $DOMO attained +75.78% gain in just two weeks, closing at an all time high of $66.99. At the current junction, it is critical for...