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Free Watch List for Nov 25th 2024

EW is approaching a critical resistance within its horizontal consolidation zone, as highlighted in the chart. The narrowing symmetrical triangle pattern suggests potential for a breakout, which could signal a continuation of the upward trend if confirmed by increased volume. However, the possibility of a reversal remains if the price fails to sustain upward momentum and breaks below the ascending support trendline. Close attention to the Bollinger Bands and moving averages is essential for gauging the stock’s next move.
F is trading near a critical resistance level within its extended consolidation range, as seen in the chart. The stock has been forming a base, with its upper boundary acting as a significant barrier. A breakout from this range, especially with higher volume, could signal the beginning of a bullish move. However, a failure to sustain upward momentum could result in a reversal toward the lower boundary of the range. Monitoring the behavior around the Bollinger Bands and key moving averages will provide additional confirmation for the next potential move.
PRU is trading near a significant resistance level at the top of its consolidation pattern, supported by an ascending trendline. The consistent higher lows indicate building bullish momentum, suggesting the potential for an upward breakout if accompanied by strong volume. However, a reversal is possible if the stock fails to sustain upward movement, breaking below the rising trendline. Observing price action near the resistance and tracking the Bollinger Bands and moving averages will be critical in confirming the direction of the next move.
TSLA is forming an ascending triangle pattern, characterized by a rising trendline and a horizontal resistance level. This pattern often signals a bullish continuation if the stock breaks above the resistance. A strong breakout, accompanied by increased volume, could confirm the upward momentum. Keeping an eye on price action near the resistance and volume trends will be crucial for assessing the breakout’s strength.

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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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Free Watch List for Nov 14th 2024

SBUX is testing a key resistance level, evident from the recent breakout attempt above its consolidation range. A sustained move above this level, supported by rising volume, could confirm a bullish trend continuation. Watching the stock’s interaction with the Bollinger Bands and any increase in momentum will be essential for validating this breakout potential.
NVDA is nearing a crucial resistance level, highlighted by the ascending channel pattern on the chart. A breakout above the current consolidation area could signal a continuation of the upward trend, with room to move higher within the channel. Watching momentum indicators and how the stock interacts with the upper Bollinger Band and moving averages will be key to confirming a potential breakout.
F is trading within a horizontal consolidation pattern, with defined support and resistance levels. A breakout above the upper boundary of this range could signal the beginning of a new upward trend. Close attention to volume and price movement around the breakout area will be critical to confirm if the stock is ready to sustain an upward move.

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Free Watch List for Nov 11th 2024

SBUX is testing a key resistance level, evident from the recent breakout attempt above its consolidation range. A sustained move above this level, supported by rising volume, could confirm a bullish trend continuation. Watching the stock’s interaction with the Bollinger Bands and any increase in momentum will be essential for validating this breakout potential.
FFWM is approaching a resistance area that has capped recent gains. A clear breakout above this point, supported by increased volume, could set the stage for further upside. Observing the stock’s activity near this level, along with volume patterns, will be essential for confirming the strength of any potential rally.
BHVN is testing a resistance zone, showing an ascending trend within a broader consolidation pattern. A strong push above this level, particularly with rising volume, may confirm a breakout, indicating a continuation of the uptrend. Pay attention to price action around this key level and how it interacts with surrounding support and resistance lines to gauge the sustainability of any upward momentum.
AJG is approaching a key resistance level within a descending channel pattern, as highlighted in the chart. A breakout above the upper trendline could indicate a shift in momentum and a continuation of the upward trend. Increased volume and sustained movement above this resistance level would strengthen the breakout signal. Close monitoring of volume and price action around this level will be important to confirm any potential breakout, with support from the moving averages also being a favorable factor.

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