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Alex Wolsky

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Intellia (NTLA) Top Name Back at Trend Support

Intellia (NTLA) shares pulled back to the 55-EMA and low-end of monthly value last week before putting in a nice hammer reversal on Friday and closing near the highs. Shares held trend support from the July lows and continue to consolidate in a bigger weekly pattern...

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Weekly Market View 9-19-21

The S&P (SPX) ended the week below the recent multi-day range as we continue to trade under pressure since hitting new highs earlier this month. We closed below monthly VPOC for just the second time since mid-May and tested the 55-EMA for the first time since...

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Interpublic (IPG) Flag Breakout

Interpublic (IPG) hitting a new scan today looking at monthly VPOC tests and overall strong chart setting up with a potential multi-week breakout above $37.85. Shares gapped higher on earnings in July and held both tests of VWAP from that day in the weeks since, bulls...

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Scientific Games (SGMS) Bull Flag Set to Break Out

Scientific Games (SGMS) recent bullish write-up after buyers in the January $70 and $80 calls and chart setting up well for a breakout move above $75 and out of monthly value. A move higher targets recent highs near $80 and then a longer-term move to $100. Shares have...

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Weekly Market View 9-5-21

It was a narrow week of trading for the S&P 500 (SPX) as we eked out another small gain and hit fresh highs on Friday after the jobs report. We closed above the 8-EMA again and without more evidence of larger sellers taking control, the path of least resistance...

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TXT Bull Flag and ‘Ready to Run’

Textron (TXT) hitting the ‘ready to run’ scan today with shares flagging above the 21-MA and prior breakout range. A move above $74 in focus with a breakout targeting $80 and with MACD and RSI both poised to turn higher, plenty of room for a bigger move. The weekly...

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PEP Bull Flag Setting Up

Pepsi (PEP) shares setting up for a range breakout above $158.50 and continuation of the strong, longer-term move with momentum set to shift after the recent reset. RSI is nearing a downtrend breakout and MACD also curling higher after pulling back near zero. The...

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