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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    BDGE Big Digital Energy stock, watch for a range breakout at https://stockconsultant.com/?BDGE

    Breakout trade
    WATCH for possible breakout above 8.1
    Target: 11.66, 47% Stop: 6.84 Loss: 13.7%
    P/L ratio: 3.4 : 1 - Excellent

    BULLISH
    [Positioning] Intermediate trend bullish, Uptrend.
    [Timing] Strong bullish 3 day candlestick pattern with Average 3 day accumulation.
    [Timing] Average bullish 1 day moneyflow
    [Timing] breakout watch above 8.1, no resistance in area just above.

    BEARISH
    [Positioning] Short term typical rally, rally may start to slow.
    [Positioning] at resistance
     
  2. StockConsultant

    StockConsultant Well-Known Member

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    KO Coca-Cola stock watch, pullback to 78.79 support area with bullish indicators at https://stockconsultant.com/?KO

    Long Trade
    Target 1: 82.7 Profit: 5% Stop/Trailing Stop: 77.97
    Loss: 1% P/L ratio: 5 : 1 - Excellent
    Target 2: 83.94 Profit: 6.6% P/L ratio: 6.6 : 1 - Excellent Extreme rally

    BULLISH
    [Positioning] Short term typical pullback, pullback may start to slow.
    [Positioning] Intermediate trend bullish, Uptrend.
    [Positioning] at support
    [Timing] Mild bullish 3 day candlestick pattern.
    [Timing] Average bullish 1 day moneyflow

    BEARISH
    None
     
  3. StockConsultant

    StockConsultant Well-Known Member

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    ANF Abercrombie & Fitch stock watch, good buying off the low with a pullback to 75.65 support area, high trade quality at https://stockconsultant.com/?ANF

    Long Trade
    Target 1: 85.47 Profit: 11.6% Stop/Trailing Stop: 74.16
    Loss: 3.1% P/L ratio: 3.7 : 1 - Good
    Target 2: 88.36 Profit: 15.4% P/L ratio: 5 : 1 - Excellent Extreme rally

    BULLISH
    [Positioning] Intermediate trend bullish, Downtrend turned sideways, possible bottom.
    [Positioning] at support
    [Timing] Mild bullish 3 day candlestick pattern.

    BEARISH
    None
     
  4. StockConsultant

    StockConsultant Well-Known Member

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    SYRE Spyre Therapeutics stock, watch for a bull flag breakout at https://stockconsultant.com/?SYRE

    Breakout trade
    WATCH for possible breakout above 78.45
    Target: 91.89, 19.2% Stop: 71.78 Loss: 6.9%
    P/L ratio: 2.8 : 1 - Good

    BULLISH
    [Timing] Strong bullish 3 day candlestick pattern with Extreme 3 day accumulation.
    [Timing] Extreme bullish 1 day moneyflow
    [Timing] breakout watch above 78.45, no resistance in area just above.

    BEARISH
    [Positioning] 1 Day Price change strong up, may pause
    [Positioning] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
    [Positioning] at resistance
     
  5. StockConsultant

    StockConsultant Well-Known Member

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    DK Delek US stock, watch for a top of range breakout, see also KRP SLB and TS stocks at https://stockconsultant.com/?DK

    BULLISH
    • [Positioning] Intermediate trend bullish, Uptrend.
    • [Timing] Strong bullish 3 day candlestick pattern with Strong 3 day accumulation.
    • [Timing] breakout watch above 15.6, no resistance in area just above.
    BEARISH
    • [Positioning] at resistance
     
  6. StockConsultant

    StockConsultant Well-Known Member

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    URGN UroGen Pharma stock watch, attempting to move higher off the 26.88 support area at https://stockconsultant.com/?URGN

    BULLISH

    [Positioning] Intermediate trend bullish, Uptrend.
    [Positioning] at support
    [Timing] Mild bullish 3 day candlestick pattern.

    BEARISH

    None
     

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