5 Inverse, Sideways & Descending Patterns | Leslie Jouflas, CMT (04.11)
Your Daily Five • 15m
Using the symbols for Applied Materials (AMAT), Alibaba (BABA), Costco (COST), Intel (INTC) and Nvidia (NVDA), Leslie shows the tendency for stocks to show a pattern in the same direction when Indexes show a breakout to the upside.
She will also show how to identify a series of patterns that occur after a breakout that indicate a move back in the opposite direction.
Up Next in Your Daily Five
-
Return Of The Mega Caps Follow Up | G...
Today, Greg follows up from his prior show covering the FAANG stocks/mega-caps. He's looking at the start of some potential breakouts in this group. Instead of the daily charts, he now focuses on their weekly charts.
Connect with Greg
https://dragonflycap.com
https://twitter.com/harmongreg -
Major Downtrend Resuming | Jeffrey Hu...
A Tale of Two Sectors - Tech led the 1Q23 rally but it was AAPL, MSFT, and NVDA that dominated to gains. Financials collapsed but the market cap of AAPL and MSFT equate to that of the entire Financial sector, thus offsetting the impact.
A Bear Market in Small Banks - The banking crisis that kick...
-
These Mid Caps Are Already Back At Al...
Grayson explores the strength we’re seeing out of Mid Caps and highlights a unique revenue-weighted Mid Cap approach that’s already back to new all-time highs. He also discusses where we stand on his “Stoplight Shading” chart and looks at the “Average Stock” index to gauge market conditions from ...
