Breakout and Swing Trade Ideas

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

  1. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    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

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    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

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    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

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    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

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
  6. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    IMAX stock, watch for a top of range breakout at https://www.stockconsultant.com/?IMAX

    Breakout trade
    • WATCH for possible breakout above 55.16
    • Target: 59.97, 11% Stop: 52.12 Loss: 3.6%
    • P/L ratio: 3 : 1 - Good
    BULLISH
    • [Timing] Strong bullish 3 day candlestick pattern with Average 3 day accumulation.
    • [Timing] Good bullish 1 day moneyflow
    • [Timing] Breakout trade watch above 55.16, no resistance in area just above.
    BEARISH
    • [Positioning] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
    • [Positioning] at resistance
    • [Timing] Short trade quality
     
  7. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
  8. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    PLTR Palantir Technologies stock, watch for a top of range breakout at https://www.stockconsultant.com/?PLTR

    Breakout trade
    • WATCH for possible breakout above 188.92
    • Target: 207.22, 12% Stop: 178.4 Loss: 3.6%
    • P/L ratio: 3.3 : 1 - Excellent
     
  9. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    EMBC Embecta stock, watch for an upside gap breakout at https://www.stockconsultant.com/?EMBC

    Breakout trade
    • WATCH for possible breakout above 5.89
    • Target: 6.84, 22.3% Stop: 5.23 Loss: 6.4%
    • P/L ratio: 3.5 : 1 - Excellent
    BULLISH
    • [Timing] Strong bullish 3 day candlestick pattern with Good 3 day accumulation.
    • [Timing] Breakout trade watch above 5.89, 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
     
  10. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    ENGN enGene Therapeutics stock, watch for an upside gap breakout at https://www.stockconsultant.com/?ENGN

    Breakout trade
    • WATCH for possible breakout above 2.08
    • Target: 2.62, 27.6% Stop: 1.88 Loss: 8.3%
    • P/L ratio: 3.3 : 1 - Excellent
    BULLISH
    • [Timing] Strong bullish 3 day candlestick pattern with Mild 3 day accumulation.
    • [Timing] Strong bullish 1 day moneyflow
    • [Timing] Breakout trade watch above 2.08, no resistance in area just above.
    BEARISH
    • [Positioning] at resistance
     
  11. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
  12. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    SOLZ Solana ETF, watch for a bull flag breakout, see also SOLT at https://www.stockconsultant.com/?SOLZ

    Breakout trade
    • WATCH for possible breakout above 11.99
    • Target: 13.76, 18% Stop: 11.21 Loss: 3.9%
    • P/L ratio: 4.6 : 1 - Excellent
     
  13. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    HUM Humana stock watch, attempting to rally off the 368.13 support area with bullish indicators at https://www.stockconsultant.com/?HUM

    Long Trade
    • Target 1: 430.03 Profit: 13.1% Stop/Trailing Stop: 367.66
    • Loss: 3.3% P/L ratio: 4 : 1 - Excellent
    • Target 2: 446.53 Profit: 17.4% P/L ratio: 5.3 : 1 - Excellent Extreme rally
    BULLISH
    • [Positioning] Intermediate trend possibly bullish, Mild uptrend.
    • [Positioning] at support
    • [Timing] Strong bullish 3 day candlestick pattern.
    • [Timing] Long trade quality
    BEARISH
    • None
     
  14. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
  15. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    ANF Abercrombie & Fitch stock watch, pullback to 134.32 gap support area with bullish indicators at https://www.stockconsultant.com/?ANF

    Long Trade
    • Target 1: 152.19 Profit: 12.1% Stop/Trailing Stop: 131.46
    • Loss: 3.1% P/L ratio: 3.9 : 1 - Excellent
    • Target 2: 157.99 Profit: 16.4% P/L ratio: 5.3 : 1 - Excellent Extreme rally
    BULLISH
    • [Positioning] at support
    • [Timing] Strong bullish 3 day candlestick pattern with Mild 3 day accumulation.
    • [Timing] Excellent long trade quality
    BEARISH
    • [Positioning] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
     
  16. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
  17. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
  18. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    RIGL Rigel Pharmaceuticals stock, good day, watch for a top of range breakout at https://www.stockconsultant.com/?RIGL

    Breakout trade
    • WATCH for possible breakout above 49.58
    • Target: 55.06, 11.5% Stop: 47.8 Loss: 3.2%
    • P/L ratio: 3.6 : 1 - Excellent
     
  19. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    QS QuantumScape stock with a solid bottom breakdown, from Stocks to Watch short at https://www.stockconsultant.com/?QS

    Breakdown trade
    • CONFIRMED breakdown trade below 4.71
    • Target: 3.41, 25.3% Cover: 4.97 Loss: 9%
    • P/L ratio: 2.8 : 1 - Good
     
  20. StockConsultant

    StockConsultant Well-Known Member

    Joined:
    Apr 25, 2016
    Messages:
    4,950
    Likes Received:
    31
    SOUN SoundHound AI stock, watch for a bottom breakdown at https://www.stockconsultant.com/?SOUN

    Breakdown trade
    • WATCH for breakdown below 5.78
    • Target: 4.4, 24.6% Cover: 6.22 Loss: 6.7%
    • P/L ratio: 3.7 : 1 - Excellent
     

Share This Page