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Alex Wolsky

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Bull Flag in Palo Alto Networks (PANW)

Palo Alto (PANW) nice bull flag shaping up with shares back at the 55-EMA and forming a nice base with recent highs at $551.50. A breakout move targets a run to $605. MACD is flattening out and starting to turn higher while RSI is around the 50 line and plenty of room...

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West Pharma (WST) is Ready to Run

 West Pharma (WST) hitting the ‘ready to run’ scan today with shares looking to clear a big volume shelf at $458 with improving momentum in both MACD and RSI. Shares are forming a wide multi-month range just below new highs and a breakout targets $510.

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Weekly Market View 12-19-21

S&P Futures (ES_F) hit fresh all-time highs before reversing on Thursday and Friday to close down nearly 2% on the week. Overall, we remain in balance with the prior six-week range and building a big volume node between 4709.25 and 4596. Momentum is showing som...

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Waste Management (WM) Bull Flag

Waste Management (WM) shares trading in a bull flag under $168 and new highs with a breakout move targeting a run to $180. Shares are working back above value for the month and the 8- and 21-EMA this week, plenty of room for expansion. Meanwhile, RSI is moving out of...

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Capri (CPRI) Bullish Hammer at Value-Area Low

Capri (CPRI) putting in a bullish reversal day on Wednesday after pulling back to the bottom of monthly value and the 55-EMA. Shares are consolidating the broader range since earnings in November and under $65. A breakout move has room to $75+. Both MACD and RSI have...

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Dominos (DPZ) Bull Flag Near Weekly Resistance

Dominos (DPZ) shares flagging in a multi-week range below recent highs at $549.50 and the top of monthly value. A breakout above $540 can set up a nice run with a measured move out to $580. DPZ is back at the July highs and forming a narrow five-week handle on the...

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Weekly Market View 12-12-21

The S&P 500 (SPX) bounced back last week after pulling back to key support and now sitting just under new all-time highs.  We consolidated for most of the week in a narrow range above the rising 8- and 21-EMA as short-term momentum shifts back to the bulls and now...

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