A Curated Platform of Equity & Options Market Intelligence
Select Page

Alex Wolsky

Tags

Asset Class

Style

Level

Search by Ticker Symbol

SHOP Bull Flag and Squeeze Setup

Shopify (SHOP) shares flagging in a small range above VWAP from the recent lows and just below a big volume shelf at $1562. The top of monthly value sits right at the $1562 level as well.  A breakout can re-test the prior highs at $1645 and then a longer-term measured...

read more

Weekly Market View 8-29-21

The S&P 500 (SPX) broke out to new highs last week after Friday’s comments from Jerome Powell. It was a quiet week leading up to the event. We continued to rebound off the 50-MA early in the week and then settled into a narrow balancing range above the 8-EMA....

read more

HON Bull Flag Setting Up

Honeywell (HON) consolidating in a bull flag above the 55-EMA and under its recent peak around $236.85. Shares have seen five or six narrow weekly closes and a breakout move has room to run to $250 in the short-term. HON is hitting the ‘ready to run’ scan today with...

read more

ETSY Weekly Trend Break Setting Up

Etsy (ETSY) shares consolidating in a multi-week range under $204 and the top of July value with a breakout measuring to $230. Shares are back at cloud support and hitting the ‘ready to run’ scan today with both RSI and MACD showing signs of turning higher and plenty...

read more

CVNA Bull Flag

Carvana (CVNA) strong trending name and pulled back recently to the 21-EMA and prior breakout where it’s forming a nice base. Shares are consolidating above July value and through Monday’s highs at $360.50 can make a nice continuation move to $369 and then $379.50....

read more

Weekly Market View 8-22-21

The S&P 500 (SPX) dipped back to its rising 8-week MA this week before bouncing back and finishing nearly unchanged. Thursday’s low tested July VPOC at 4342 – which also aligned with the 50-EMA -- where buyers stepped in and drove back into August value. The...

read more