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Over the last couple of weeks, we’ve looked at the “head and shoulders” pattern from all angles. We saw that the pattern can be either bullish or bearish and can act as either a continuation or reversal pattern. You’ve also heard me talk about the “high-tight flag” and the “cup-with-handle,” which are some of my …
The post How to Capture the Flag Breakout appeared first on Stock Surge Daily.
Regular readers know that the metaverse is basically a virtual reality (VR) world where everything happens totally online. Just strap on a VR headset, log in and you can begin interacting with the metaverse from the comfort of your own couch. Now, not everyone is a fan of this idea, but I’m extremely bullish on …
The post Is This Metaverse Leader Setting Up for a Big Stealth Breakout? appeared first on Stock Surge Daily.
I mentioned in Monday’s Watchlist Update that I think the market is trying to form a bottom. This isn’t an overnight process, and it’s going to take some time before we know for sure that the bottom is in. However, it does seem that a few things have changed for the better in just the …
The post Why The Market May Be Set for an Extended Consolidation appeared first on Stock Surge Daily.
As I write this on Friday morning, the Nasdaq is up roughly 2% for the week. The S&P 500 recorded four positive days in a row to start the week, and we are beginning to see signs of institutional buying. Thursday was an 88% up-volume day, meaning 88% of the volume was on the advance. …
The post Watchlist Update: Seeing Signs of Stealth Buys appeared first on Stock Surge Daily.
Sierra Wireless, Inc. (Long Idea) Sierra Wireless, Inc. (SWIR) is a Canadian designer of wireless and embedded modules, gateways and routers. Computer networking stocks are not showing strength as a group, but SWIR has a Surge Score of 99/100. In other words, it is outperforming 99% of stocks. Earnings and sales were both up big …
The post Watchlist Week of July 11th, 2022 appeared first on Stock Surge Daily.
Forget the Magnificent 7 – these 3 stocks are poised for HUGE moves in the next leg of the AI boom. Wall Street veteran Ross Givens just revealed the details…
Watchlist Update: Here’s What Gives Me Hope for Higher Prices
Editor’s Note: All major U.S. stock markets are closed today, Sept. 5, in observance of Labor Day. As I write this update on Friday afternoon, the S&P 500 is down just over 2% on the week. Stocks sold off hard last Friday and then continued that trend during the first three days of this week. …
The post Watchlist Update: Here’s What Gives Me Hope for Higher Prices appeared first on Stock Surge Daily.