Chart Analysis by TraderHR

S&P 500 INDEX (^SPX) broke mini consolidation in the 4170 and is likely to continue in a new momentum toward the 4300 resistance area. The outlook for the rest of the week is bullish.

Old Dominion Freight Line, Inc. (ODFL) broke out of a bullish pennant, trend likely to continue toward 325 area…

Tesla, Inc. (TSLA) reached resistance zone at 950, price likely to consolidate short term… Citigroup Inc. (C)

Bank of America Corporation (BAC), Citigroup Inc. (C) broke out of a consolidation, trend likely to continue… Citigroup Inc. (C)

Sunnova Energy International Inc. (NOVA) broke out of a bull pennant chart pattern, price likely to continue with momentum toward the 29-31 area. 3M Company (MMM) broke out of an ascending triangle pattern, watch for continuation toward 148 area Advanced Micro Devices, Inc. (AMD) broke out of a multi month bearish channel thus confirming trend …

Momentum Stock Alert for Aug 4th Read More »

Rhythm Pharmaceuticals, Inc. (RYTM) broke mini consolidation and triggered new momentum with targets in the 18-21 area. Fastenal Company (FAST) broke descending trendline and confirmed trend reversal… NIKE, Inc. (NKE) bounced from new higher low — momentum likely to continue and break previous high at 112.5…. General Motors Company (GM) broke horizontal resistance at 35 …

Momentum Stock Alert for Aug 3rd Read More »

Kratos Defense & Security Solutions, Inc. (KTOS) broke trend line thus confirming technical reversal of the short term trend from bearish to bullish. Target in the 16-16.5 area. Fastenal Company (FAST) broke descending trendline and confirmed trend reversal… NIKE, Inc. (NKE) bounced from new higher low — momentum likely to continue and break previous high …

Momentum Stock Alert for Aug 1st Read More »

Netflix, Inc. (NFLX) broke mini flag consolidation Fastenal Company (FAST) broke descending trendline and confirmed trend reversal… NIKE, Inc. (NKE) bounced from new higher low — momentum likely to continue and break previous high at 112.5…. General Motors Company (GM) broke horizontal resistance at 35 area and confirmed reversal Starbucks Corporation (SBUX) understrong momentum likely …

Momentum Stock Alerts for July 28th Read More »

Booking Holdings Inc. (BKNG) broke out of consolidation and triggered new up wave(momentum)…

Netflix, Inc. (NFLX) – watch for a new up wave if the price breaks out of a flag pattern…