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03/29/2024 Weekend Update

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Cobra
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Joined: Sat Feb 12, 2011 10:29 pm

03/29/2024 Weekend Update

Post by Cobra »

Up 2 weeks in a row, the next week has 54% chances to close up, 76% chances to make a higher high.

So more up.

3.png

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JFR
Posts: 10177
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/29/2024 Weekend Update

Post by JFR »

ITB, Home Construction, has been doing well.

Two stocks, LEN and PHM, reflect that rise.

Screenshot_20240328_184419.jpg
Charts posted are not recommendations. They are just a sharing of information.
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JFR
Posts: 10177
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/29/2024 Weekend Update

Post by JFR »

SPY daily.

Helluva move up since January.

Trend up, as shown by the EMA 20.

EMAs 20 50 100 all up, and in the right order.

Bollinger up.

Volume up 3 days in a row.

In a range for 6 days.

2nd hit at the top, looking for a breakout.

Very shallow pullback (a pause), then a bounce.

Lots to like.

As always it could easily go for a serious pullback.

''Let's be careful out there,'' said the roll call sergeant on Hill Street Blues.

Screenshot_20240328_185622.jpg
Charts posted are not recommendations. They are just a sharing of information.
koolblue
Posts: 1005
Joined: Wed Feb 16, 2011 6:03 pm

Re: 03/29/2024 Weekend Update

Post by koolblue »

big picture 4 hour chart.png
8-)
koolblue
Posts: 1005
Joined: Wed Feb 16, 2011 6:03 pm

Re: 03/29/2024 Weekend Update

Post by koolblue »

30 min chart.png
. For now, we are back into the tight trading range 8-)
te_fern
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Joined: Tue Nov 24, 2015 3:35 pm

Re: 03/29/2024 Weekend Update

Post by te_fern »

Over the weekend, please take a little time to vote for Cobra, thanks: https://stockcharts.com/public/1684859/ ... /533449377
This is not investment or trade advice.
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