Adding this stock to the watchlist. Long consolidation pattern forming. A break to the upside and I may enter. We’ll keep an eye on it over the next few days.
Potential Entry: A break above the wedge. Maybe $7.00?
Price Target: N/A
This stock had a great run up as one of the “stay at home” plays. Has pulled back recently but looks ready to make another run up. RSI divergence and breakout from pitchfork. Pitchforks are new for me and slightly subjective (as are many indicators) but let’s see if it works. I have my money tied up so I can’t enter, but this could be a good entry. Will track just to see if it works.
Potential Entry: $115
Initial Price Target: $130
Stop: $107
Adding to my watchlist. This stock gapped up on earnings today. Will watch over coming days for a potential entry point. Plus, it’s an EV play which I like moving forward.
Potential Entry: TBD
Price Target: TBD
I have had a position in $AMD for a little while now. I have even bought, sold, and reopened a position in the past couple of months. My current cost basis (CB) is in the low $79 range. I am adding more today.
Potential Entry: When weekly breaks out of current Pennant. TBD, but around $85. I would feel okay getting in now though.
Price Target: $95-$100 in coming weeks.
$BA has been strong lately on news that its 737 MAX will be taking to the skies again soon. Of course, with Covid ever looming, this stock still has some head wind. That being said, it did close above it’s 200MA again, and the 50MA isn’t far behind. If the 50 crosses the 200, I may be interested. Especially as the stock is getting close to that 232 pivot point. Just watching for now.
Potential Entry: $TBD
Price Target: $TBD
I called this stock out for it’s bull pennant pattern on my Twitter and Facebook group. I already had a position, and I added on the breakout of the pattern. I am still learning how to call price targets, but looking back at the chart history, I would say next resistance would be at $23.00, then maybe we make a run at the ATH’s in due time.
Potential Entry: $19.35
Price Target: $23+
CC Investing