๐ From bearish bottoms to bullish breakouts - discover how we're positioning for the next leg up in this market. ๐ผ๐ฐ
๐ข High-Volatility Thrill Rides ๐ข
BOF (BranchOut Food Inc)
What they do: production of plant-based, dehydrated fruit, and vegetable snacks and powder.
Why watch? Forming a descending wedge pattern with low volume on the pullback. Great earnings at the end of August could be the catalyst for a breakout.
VOXX (VOXX International Corporation)
What they do: Consumer electronics
Why watch? Symmetrical triangle ready to break with low volume consolidation. Recent news about maximizing shareholder value and exploring strategic alternatives could be the spark this stock needs. Get ready for a potential sound investment! ๐ง๐ผ
INBS (Intelligent Bio Solutions Inc.)
What they do: Life sciences company developing non-invasive, real-time monitoring and diagnostic tests
Why watch?Jumped on 9/9 for earnings beat and now consolidating nicely on low volume. This intelligent play could be diagnosing a breakout soon! ๐งช๐
TEM (Tempus AI Inc)
What they do: Healthcare technology company, which engages in bringing artificial intelligence and machine learning to healthcare.
Why watch? Recent IPO bouncing on the IPO day high, acting as support. The upbreak of the channel could fuel a move up. ๐ช๏ธ
๐โโ๏ธ Medium-Risk Wave Riders ๐โโ๏ธ
NIO (NIO Inc.)
What they do: Chinese electric vehicle manufacturer
Why watch? Rallied after promising earnings, now consolidating under the crucial 5.65-6.00 level. A few more days of consolidation could set the stage for the next move. This EV maker might be charging up for a breakout! ๐โก
ZK (ZEEKR Intelligent Technology Holding Ltd. ADR)
What they do: Chinese electric vehicle manufacturer
Why watch? Recent IPO breaking out of a down channel and now forming a beautiful pennant. This steel play could be forging new highs soon!
BFLY (Butterfly Network)
What they do: Digital health company revolutionizing medical imaging with portable ultrasound devices
Why watch? Showing really strong Relative Strength and potentially setting up for a breakout after a few more days of sideways movement. This butterfly could be ready to spread its wings! ๐ฆ๐ฑ
YTRA (Yatra Online)
What they do: Indian online travel company
Why watch? Demonstrating big Relative Strength as a low volume stock with a significant weekly level ready to be broken. This travel play might be booking a trip to new highs! โ๏ธ๐
ALAB (Astera Labs Inc.)
What they do: Semiconductors
Why watch? Recent IPO acting as a semiconductor play. A break of the upper level of the box (49.00) could send the stock to 60 as the target. This tech innovator might be installing itself as a market leader! ๐ญ๐ป
๐ก๏ธ Low-Risk Safe Harbors ๐ก๏ธ
EAT (Brinker International)
What they do: Multinational hospitality company that owns Chili's and Maggiano's Little Italy restaurant chains
Why watch? Forming a big cup and handle or descending triangle, holding the 69.00 level well. A break upside could fuel a big move. This restaurant play might be cooking up some tasty gains! ๐ฝ๏ธ๐
AVO (Mission Produce)
What they do: Global leader in sourcing, producing, and distributing fresh avocados
Why watch? Slow-moving stock with fresh good earnings and a buyer in the 12.50-13.00 level. Watch for a break of the trendline for the next leg higher. This avocado play could be ripening for a move! ๐ฅ๐ฐ
CDRO (Codere Online)
What they do: Online gaming and sports betting operator in Latin America
Why watch? Moving sideways since March with higher lows since May, potentially under accumulation. A big break over the 8.10-8.50 level could be the jackpot we're waiting for! ๐ฐ๐
ATHM (Autohome Inc.)
What they do: Leading online destination for automobile consumers in China
Why watch? Forming a cup & handle pattern as a slow-moving stock. The first target is the 32 area if the formation is completed. This auto info hub could be revving up for a drive higher! ๐๐ป
Catch you on the flip side, tradersโmay your charts be clear, your convictions strong, and your accounts flush with green in the days ahead! ๐น๐
great stuff, really liking your picks each week.. i'm generally adding about 80% of them to my focus list, so a ton of value here -- keep it up!!