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Nucor (NUE) Set to Break Out of Range

Nucor (NUE) shares consolidating in a narrow multi-week range and breaking out above January value this week with room above $118.50. Shares broke out of a downtrend in October and setting up for a big move back above the 2021 highs with upside targets of $130 and...

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Value Name in Tech Storage Breaks Out

NetApp (NTAP) triggering a weekly bull flag breakout after basing along a rising 21-week EMA and setting up for a leg higher to $100+, a Tech name at cheap valuation which is coming into favor with high growth names seeing multiple compression. NTAP also seeing weekly...

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Pioneer Natural (PXD) Weekly ‘Ready to Run’

Pioneer Natural (PXD) shares nearing a multi-week breakout above $187.25 after closing strong on Monday back above the top of monthly value. A breakout move has room to run above the prior highs and a measured target of $215. PXD is hitting our weekly ‘ready to run’...

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Ross Stores (ROST) Nearing Channel Breakout

Ross Stores (ROST) large weekly channel down from the 2021 highs and looking to breakout above $117.50 and make a move back towards $130+. The weekly is showing a positive RSI divergence and nearing a bullish MACD cross, too, so ready to run. The December low was also...

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KLA Tencor (KLAC) Bullish Channel Breakout

 Kla Tencor (KLAC) bullish setup with shares moving back above monthly VPOC yesterday as well as clearing the 8- and 21-EMA and forming a narrow weekly channel below recent highs. A move above $420 has room to run to $460-$465. KLAC has been a relative strength name...

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Cadence (CDNS) Bull Flag Setting Up

Cadence Design (CDNS) shares hitting the ‘ready to run’ scan today in a coiled bull wedge back at the 55-EMA where shares have found support over the last week. A breakout above $184.50 triggers out of a downtrend and above a big volume shelf with room up to $196.50....

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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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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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