ASH has been unable to clear the $110 area and hold. A breakout over $110 would signal the next leg higher. Pattern has an inverted Head & Shoulders patter look to it. Volume is stepping in as it approaches the resistance line. Very constructive overall, we just need to wait for an official breakout for this to be in play.
FLNG: FLEX LNG Ltd.
FLNG forming a base within an uptrend. Big volume showing up as prices push higher.
MP: MP Materials Corp
JOE: St. Joes Company
Ticker JOE is breaking out of a year long base. “The bigger the base, the higher the space” I think that’s the saying they like to throw around.
This chart is a weekly chart, even though the week has not closed out, I wanted to share it sooner just in case price continues to rally aggressively into the close of the week.
This chart is looking very constructive, and looks to be signalling a potential new leg higher and the breakout is being supported by higher than average volume showing strong participation.
UNH
Chart Scale: Weekly
AAPL
Chart Scale: Daily
IDXX
Chart: Weekly Scale
MOH
Chart: Weekly Scale