I highlighted my F GM shorts on Monday, and TSLA has been relatively weak of late compared to other momentum leaders like FB.
At the same time, a potential pare trade setting up may be to go long India car maker TTM against those shorts.
On the weekly chart, below, note the high and tight bull flag. As long as $45 holds I view the pattern as intact and this name as a long setup on strength.
Drop me your top tickers overnight.
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Noticed that one today too…one of the few green spots in a sea of red.
Your TXRH back over $27 could work.
SLTD…penny stock but great pattern.
I’m in from lower, deciding whether to add more.
I forgot to check that one today, thanks for the reminder.
How about this AVID? Crazy strong of late and held its own today as well.
Also curious about OTIC an IPO doing very well so far.
That looks like a ‘keep an eye on’ one.
Also NILE looking great over 30, Ok I’m done now 😉
RWLK & MBLY did well today …