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Alex Wolsky

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Grocery Outlet (GO) Pullback in a Strong Trend

Grocery Outlet (GO) shares in a strong trend higher and pulling back to the 55-EMA and top of April value. Shares are also holding just above VWAP from the February swing low that kicked off the recent run higher. A move back above $33 targets a breakout up to $36 and...

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AbbVie (ABBV) Pullback to the 55-MA

AbbVie (ABBV) with shares pulling back to the 55-EMA last week and basing in a multi-day range, relative strength over the last six months and one of the better-looking overall charts right now. The 8- and 21-EMA are remittance above but through 160.50 sets up for a...

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Weekly Market View 4-24-22

The S&P 500 (SPX) fell for the third straight week and closed at the value range of the three-month consolidation going back to mid-January. We’re coming up on a significant spot at 4225 which aligns with both the 1/24 spike low but also VWAP from the October 2020...

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Alnylam (ALNY) Near Range Breakout

Alnylam (ALNY) shares closing strong on Wednesday after trading just outside of April value and nearing a multi-week breakout above $170. ALNY has been in a narrow range since mid-February and a breakout move could gain some momentum with upside to $185 and then $200.

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