Hi everyone,
Currently we have a potential tradable rally within an overall correction. If you are participating remember to use progressive exposure and manage risk using stops and position sizing.
Running through my weekend scans these themes stood out to me:
Biotech
Solar
Retail Discount
Medical
Defense
China
My weekly watchlist:
AZPN, Pivot near the 200 Level
CAL - Could use an inside day first
DQ - Has both the China and Solar theme working for it
DUOL - I want to see a big volume breakout and stick above 100
ENPH - Own this, looking to add, would like to see a push higher up the base on volume
GTLB - At a pivot, would like a short consolidation, then volume
HQY - Slower mover
NOC - Failed Breakout Reset
PLAB - If Semiconductors come into favor this could run.
PRM - Recent Chemicals IPO
SEDG - ENPH looks stronger
SIGA - Most speculative name on this list
VERU - Speculative and News driven
I hope you found this post helpful! Let me know your thoughts in the comments
Here is what you can do to help support my work.
Leave a like on this post below
Share this post on Twitter using the button below
Have a great weekend!
-Richard
Good work Richard!
Richard, how does KWEB chart look to you? Thx