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Academy Sports (ASO) Flagging Near Top of Value

Academy Sports (ASO) shares flagging right under monthly value area high with MACD crossing bullishly after making a recent higher low near 33. Higher short interest name at 11% of float. Potential to pop up into 40 on strength and squeeze above May highs.

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Biotech Leader Breaking Above Value Area

Biogen (BIIB) shares clearing a key resistance on Tuesday above 205 top of monthly value area. The stock has a untested VPOC at 213 short term and potential longer term base building at these levels for a move back to 200 day EMA at 230.  

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New Fortress Energy (NFE) Bull Flag

New Fortress Energy (NFE) with a nice multi-week bull flag forming just above the rising 55-MA. The weekly bull flag triggers above $46 with a measured move out to $58 while both RSI and MACD remain in strong trends and showing relative strength versus the broader...

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Exelon (EXC) Basing at 55-EMA After Strong Run

Exelon (EXC) strong trending name that has pulled back to the 55-EMA and based for the last couple weeks. EXC has been a relative strength name and above $48 could spark a nice run back at the prior highs. A measured move on the breakout targets $55. MACD has pulled...

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Broadcom (AVGO) Weekly Bull Setup

Broadcom (AVGO) showing relative strength on the weekly timeframe for the third straight week and nearing a bullish wedge breakout above $620 that targets new highs and a run to $800. AVGO has seen MACD pull back and starting to curl higher now with a potential...

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