Tmoe's Market Watchlist - Week of 2/16
After a breakout from a 10-day balance, UAVS has had 3 consecutive closes above a key level @ 14.30, as well as a nice tail candle off the VWAP from the most recent low, signifying buyers want to pay the average price. I am bullish on UAVS into the coming week and expecting more new all time highs.
LMND has been in a beautiful base (look at all that volume!) and has finally mustered enough strength to close multiple days above the VWAP from the highs. With a short float of 22%, this means the average short seller is now red on their position and they are going to have to buy back the stock, pushing it higher. I think LMND can see new all time highs.
LAZR is forming a great basing pattern here that indicates buyers are strongly in control of the price action. After have a date with the 50 day moving average, it looks like LAZR is on the verge of breaking out to new all time highs.
AYRO is yet another name breaking out of a gorgeous base and great volume patterns that support bullish momentum. After a negative headline last Thursday, buyers have shown no signs of stopping as they engulfed Thursday's candle with more buying.
As always, these setups should not be taken blindly and I encourage you to make them your own if you choose to trade them. I am just here to provide you with the best setups that I see in the market!
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