Stocks Ready To Break Out

Discussion in 'Trade Journals & Stock Tips' started by TraderHR, Nov 21, 2019.

  1. TraderHR

    TraderHR Active Member

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  2. TraderHR

    TraderHR Active Member

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    Beyond Meat, Inc. (BYND) is approaching a potential breakout point in the 132-133 area after two weeks of consolidation in a symmetrical triangle formation. Targets in a case of breakout: 140, 160.
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  3. TraderHR

    TraderHR Active Member

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    NantKwest, Inc. (NK) price has been consolidating in bullish pennant formation over the last two weeks with resistance around 7.3 area. Break above that resistance in the coming days could trigger new momentum with a target around 10-12 area.
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  4. TraderHR

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    Hertz Global Holdings, Inc. (HTZ) reached resistance in the 17 area of its 3 months long rectangle pattern. Break of that resistance in the coming days could trigger a new up wave with targets in the 17.8-18.5 range.
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  5. TraderHR

    TraderHR Active Member

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    Accenture plc (ACN) is consolidating in a bullish flag pattern with resistance at 214.5 which is broken could trigger new momentum into 218-220 areas.
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    TraderHR Active Member

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    Tesla, Inc. (TSLA) watch for a possible breakout if the price breaks above 530...

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  8. TraderHR

    TraderHR Active Member

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    Slack Technologies, Inc. (WORK) is consolidating in an ascending triangle with horizontal resistance in the 30.2 areas, which if broken in the next few trading days, could trigger new short term momentum toward the 34-38 zone.
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    TraderHR Active Member

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    Moderna, Inc. (MRNA) – after 3 weeks of correction and consolidation period the stock broke out of a bullish pennant today and retested resistance in the 67 area which if broken in the coming days could lead to new momentum with the target in the 80-85 range. Initial stop loss 57.5.
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