1) #PeregrineWatchlist likes for a resolution soon, up or down, after 5/6 post-market earnings and revenues beat, and gap up next day. Eventhough growth fell a bit, imagine next earnings with legions of stay at home COVID-19 gamers factored into the mix. Daily chart:
2) Taking a zoom shot of the daily chart turned into a 4 hour chart (4 hour charts make two candlesticks per trading session) to better see the earnings gap up. Will this gap close, or a new breakout ensue to the upside?
3) Lastly, if can get up and over the $74.50 mark, the first target is $83.50 as there's nothing but air between here and there as seen on this weekly chart:
4) I am now using 3 chart styles to help distinguish my looks on 4-hour, Daily and Weekly charts.
1. 4-hour chart - Murphy look
2. Daily chart - Graphite Look (love the alternating vertical shades delineating months of candlesticks)
3. Weekly chart - Sunset setting
• • •
Missing some Tweet in this thread? You can try to
force a refresh
$COMPQ Nasdaq
$RUT Russell 2000
$SPX S&P 500
$USD US Dollar
$UST10Y 10 Year Bond
$UST20Y 20 Year Bond
$UST30Y 30 Year Bond
$KBE S&P Bank Sector
$CRB Commodities
1) End of month (MAY 2022) look for $SPX and its eleven sectors ranked by percentage gains or losses. Number in parenthesis shows rank from the preceding month of April 2022: