Sunday, March 13, 2022

5 Charts That Are Working

All stock holding their uptrend. 500k avg volume.

 

Shipping. ZIM with phenominal EPS growth rate. This volume pop suggests strong momentum to the upside as the industry enjoys high rates to meet its high demand.



Oil/Gas. With oil prices skyrocketing oil exploration services are strong. Testing its breakout level on high volume indicates it could sustain at this level and if oil continues to climb this moves with it.

Tech, still in long term uptrend. Historically at a buying point. However market conditions are significantly different than the previous 3 opportunities. 

Selling off since november forming a downward wedge. Volume spike suggests a squeeze. Potential reaction to recent events.


Kroger with a huge pop on earnings on big volume. Bull flag suggests a potential bullish move to the upside is possible.

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