Free Watch List for Nov 18th 2024

UNFI is consolidating within a wedge pattern, with higher lows and lower highs forming a narrowing range. The price is testing the upper resistance line, indicating a potential breakout. A move above this level, supported by increasing volume, could signal a resumption of the bullish trend. Watching the interaction with the Bollinger Bands and tracking momentum indicators will help confirm the breakout’s strength.
MTB is approaching a critical resistance level, forming an ascending triangle pattern. The stock is consolidating near the breakout point, with rising lows indicating strong buyer interest. A move above the horizontal resistance line could signal further upside momentum, especially if accompanied by increasing volume. Monitoring the price action near the trendlines and volume trends will be essential to confirm the breakout’s validity.
ATGL is forming a symmetrical triangle pattern, suggesting a potential breakout. The price is consolidating near the upper trendline, supported by a steady upward trend. A breakout above the resistance line could indicate a continuation of the bullish momentum, with key confirmation likely to come from increasing volume. Observing the stock’s movement relative to the Bollinger Bands and moving averages will provide additional clues about the breakout’s strength.

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