Stocks Setups After A Wild Week

Here are some interesting setups in four stocks I monitor…. I hope you find them useful.


(Click on image to enlarge)

Higher highs and higher lows. Bullish hammer candlestick pattern. Cloud support respected. A bullish follow-through would be a bullish sign for the next few months for JPM. Bullish stop last week’s low on a closing basis. Confirmation of bullish scenario, a break out above 117.30$.


(Click on image to enlarge)

Red upward sloping trend line support respected. Cloud support also respected. RSI turning upwards from oversold levels.


(Click on image to enlarge)

Higher highs and higher lows. Price respects cloud support. As long as the price is above it we are bullish expecting a break above recent highs and a move towards 241$


(Click on image to enlarge)

Perfect backtest of the broken trend line resistance. Price bounces off the trend line. This is a bullish sign. Last week’s lows very important. We could see the resumption of the bounce to even new higher highs.

Disclaimer: All persons and entities contributing to the content on this website, and their representatives, agents, and affiliates are not providing investment or legal advice on this website.Nor ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.