Pro Stock Ideas
This department has stocks that Charles is following for potential trades. (Charts courtesy of TC2000)
Hyatt (H) made a 10% pullback to the 50 EMA, setting up a 50/50 Strategy Setup....keep reading
In the premarket, MU is trading down and near the 50 EMA. This may create a classic 50/50 Buy Setup....keep reading
The ADXplosive setup (from ADXcellence--Power Trend Strategies) is described as a condition where two timeframes have low ADX (<25)....keep reading
Floor & Decor (FND) and SiteOne (SITE) are both companies that supply building products that are used in home construction and home improvements....keep reading
Last Thursday, the S&P broke out and closed at a new all time high. ACLS and ENTG had the strongest volume breakouts, but INOV, TW, and ONTO are worth consideration....keep reading
Proofpoint (PFPT) is a 50/50 Low Riser that has been ranging since late April 2019....keep reading
Twitter recently broke above its descending resistance line. It closed down last Wednesday and Thursday and held above the resistance line both times (presumptive support)....keep reading
Here's another explosive setup. Autohome is an ADXodus pattern, characterized by low ADX (under 25) for over 20-30 bars due to a contraction in volatility....keep reading
This stock could break out strong.CareDx (CDNA) has a classic ADXodus pattern. ADX has been low, under 25 or over 30 bars....keep reading
