Well, it is still a tricky market in the sense that the best technical long setups I see are recent IPO’s with young charts basing along, namely LOCO MBLY RWLK TUBE. Typically, these IPO’s need a bit more time to develop an ebb-and-flow to the chart before they can be seem as quality setups.
But the pickens are slim, overall, for fresh entries in the tape. And the above-listed names will have to do, on further strength.
Which stocks are at the top of your watchlists this morning?
EXEL is ripe for a squeeze after an earnings beat
nice
Chess, any thoughts on VSLR as one of those “young charts”. Thanks.
over 15.50