JAZZ has a great technical pattern and may have had a cup-with-handle break-out. See this weekly chart.
JAZZ is also a RWB rocket stock.
All Posts
26th day of QQQ short term up-trend: Darvas stock: KWR
My DARVAS scan picked up 22 stocks. These are stocks that meet criteria similar to those used by the great Nicolas Darvas , when he made 2 million dollars trading in a two year period in the 1950’s. (See his classic book listed on the lower right of this site.) One of these stocks is KWR, which is just at its all-time high. If it breaks through, I think this could be a winner. Here is a weekly chart of KWR and here is its Yahoo profile. Click on chart to enlarge.
25th day of QQQ short term up-trend; 437 new highs; TCO zooms
The Worden T2108 , at 86%, is near the highest level it typically reaches on rallies. There were 437 new 52 week highs on Wednesday, the most since last July. Of the 34 stocks hitting new highs and having good fundamentals, eight had recent quarterly earnings gains of 100% or more: MON,TCO,MDCO,BCH,URI,ALXN,AAPL,WCG. Of these, TCO, BCH, ALXN, and AAPL are at all-time highs. As this weekly chart shows, TCO broke from a cup-with-handle base a few weeks ago. Click on chart to enlarge.
