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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    PAYS PaySign stock watch, attempting to rally off the 14.18 triple support area with bullish indicators at https://www.stockconsultant.com/?PAYS

    Long Trade
    • Target 1: 16.91 Profit: 17.4% Stop/Trailing Stop: 13.76
    • Loss: 4.4% P/L ratio: 4 : 1 - Excellent
    • Target 2: 17.73 Profit: 23.1% P/L ratio: 5.3 : 1 - Excellent Extreme rally
    BULLISH
    • [Positioning] at support
    • [Timing] Strong bullish 3 day candlestick pattern with Strong 3 day accumulation.
    • [Timing] Extreme bullish 1 day moneyflow
    • [Timing] Excellent long trade quality
    BEARISH
    • [Positioning] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
     
  2. StockConsultant

    StockConsultant Well-Known Member

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  3. StockConsultant

    StockConsultant Well-Known Member

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    CTSH Cognizant Technology Solutions stock watch, pullback to 63.96 triple support area with bullish indicators, see also GOTU and GWRE at https://www.stockconsultant.com/?CTSH

    Long Trade
    • Target 1: 73.12 Profit: 14.6% Stop/Trailing Stop: 61.83
    • Loss: 3.1% P/L ratio: 4.7 : 1 - Excellent
    • Target 2: 75.86 Profit: 18.8% P/L ratio: 6.1 : 1 - Excellent Extreme rally
    BULLISH
    • [Positioning] Short term typical pullback, pullback may start to slow.
    • [Positioning] Intermediate trend bullish, Uptrend.
    • [Positioning] at support
    • [Timing] Excellent long trade quality
    • [Timing] Breakout trade watch above 65.46, no resistance in area just above.
    BEARISH
    • [Timing] Mild bearish 3 day candlestick pattern.
     
  4. StockConsultant

    StockConsultant Well-Known Member

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    Mid day breakout stocks to watch

    Amid all the chaos this morning, did a quick scan to flesh out some stronger breakout watch stocks : CASY EMBC MRK NCNO NIQ PAR PRGS and WDAY at https://www.stockconsultant.com/?MRK
     

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