Breakout and Swing Trade Ideas

Discussion in 'Stock Market Today' started by StockConsultant, May 19, 2022.

  1. StockConsultant

    StockConsultant Well-Known Member

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    ABCL AbCellera Biologics stock, watch for a continuation breakout at https://www.stockconsultant.com/?ABCL

    Breakout trade
    • WATCH for possible breakout above 13.07
    • Target: 15.29, 21% Stop: 11.77 Loss: 6.8%
    • P/L ratio: 3.1 : 1 - Excellent
     
  2. StockConsultant

    StockConsultant Well-Known Member

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    XNCR Xencor stock watch, nice trend with a pullback to the 24.51 support area and good trade quality at https://www.stockconsultant.com/?XNCR

    Breakout trade
    • WATCH for possible breakout above 25.2
    • Target: 28.29, 14.4% Stop: 23.73 Loss: 4%
    • P/L ratio: 3.6 : 1 - Excellent
    BULLISH
    • [Positioning] at support
    • [Timing] Mild bullish 3 day candlestick pattern with Extreme 3 day accumulation.
    • [Timing] Extreme bullish 1 day moneyflow
    • [Timing] Excellent long trade quality
    • [Timing] Breakout trade watch above 25.2, no resistance in area just above.
    BEARISH
    • [Positioning] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
     
  3. StockConsultant

    StockConsultant Well-Known Member

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    TWLO Twilio stock with a top of range breakout, from Stocks to Watch at https://www.stockconsultant.com/?TWLO

    Breakout trade
    • CONFIRMED breakout trade above 254.52
    • Target: 281.71, 8% Stop: 249.99 Loss: 4.2%
    • P/L ratio: 1.9 : 1 - Fair
    BULLISH
    • [Positioning] Intermediate trend bullish, Uptrend.
    • [Timing] Strong bullish 3 day candlestick pattern with Strong 3 day accumulation.
    • [Timing] Mild bullish 1 day moneyflow
    • [Timing] CONFIRMED breakout trade above 254.52, no resistance in area just above.
    BEARISH
    • [Positioning] 1 Day Price change extreme up, may pause/reverse
    • [Positioning] Short term strong rally, rally may start to slow.
    • [Positioning] Overbought, odds favor short trades.
     
  4. StockConsultant

    StockConsultant Well-Known Member

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    ABAT American Battery Technology stock, nice setup and rally off the 2.11 double support area, from Stocks to Watch at https://www.stockconsultant.com/?ABAT

    Long Trade
    • Target 1: 3.2 Profit: 37.3% Stop/Trailing Stop: 2.11
    • Loss: 9.4% P/L ratio: 4 : 1 - Excellent
    • Target 2: 3.53 Profit: 51.5% P/L ratio: 5.5 : 1 - Excellent Extreme rally
    BULLISH
    • [Positioning] Intermediate trend bullish, Downtrend turned sideways, possible bottom.
    • [Positioning] at support
    • [Timing] Strong bullish 3 day candlestick pattern with Strong 3 day accumulation.
    • [Timing] Good bullish 1 day moneyflow
    • [Timing] Excellent long trade quality
    BEARISH
    • None
     
  5. StockConsultant

    StockConsultant Well-Known Member

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