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Hot Stocks Technical Analysis -PRPH,BAX,LAD,SBLK,KBAL&ASYS
@Bixley:Hello, everybody. Today I looked at these stocks and offered my insights: $ProPhase Labs(PRPH)$ $Baxter(BAX)$ $Lithia Motors(LAD)$ $Star Bulk Carriers(SBLK)$ $Kimball(KBAL)$ $Amtech(ASYS)$ 1.PRPH$ProPhase Labs(PRPH)$ - Bullflag Price has broken out of a large triangle structure Above this structure a bull formation is present which I think may be acting as a bullflag Bars pattern placed next to price indicates my bullish bias 2.BAX$Baxter(BAX)$ - Price Continuation Idea for BAX showing potential pathing for future price action on this Weekly timeframe Horizontal white line is a strong support for the upward breakout along the solid green lie 3.LAD$Lithia Motors(LAD)$ - Bounce off Trend Line Trend Lineformed along previous structure enabling a support for future price This is shown perfectly with the bars pattern structures in white A sharp bounce from thetrend line This is the Weekly chart for LAD with possibilites of heading for a new ATH following this bottom 4.SBLK$Star Bulk Carriers(SBLK)$ - Plotted Channel Breakout Using bars patterns to plot a breakout of the underlying green up channel These bars patterns all three show a strong breakout for the bulls Circles indicate an inverted H&S structure that is tilted, some would argue that it isn't a H&S structure but I included it anyway Weekly timeframe 5.KBAL$Kimball(KBAL)$ - Downtrend Resistance Turned Support Resistance and support shown with up and down arrows Trend lineis now acting as support Bars pattern placed is an example of bullish activity following the trend line touch Still a buy against the trend but not the resistance/support 6.ASYS$Amtech(ASYS)$ - Indecisive Channel Channel is moving completely sideways and has been since first listing showing the bull and bear periods Monthly chart so price could lead to a long term break out potentially, it may take some time although https://www.tradingview.com/u/Bixley/
Hot Stocks Technical Analysis -PRPH,BAX,LAD,SBLK,KBAL&ASYSDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.