Thursday, July 26, 2018

Watchlist for Thursday, July 26 $CDNS $PTC $ATIS $QBAK $CATB $ASNS

Cadence Design System, Inc.
CDNS ---> This is a weekly chart with a beautiful breakout at new Highs!! Clearly under strong Accumulation and Buying Pressure, bulls have total control on price! Next major resistance to break is $49.89! Nice setup for a Swing Trade.

PTC, Inc.
PTC---> Is breaking up to new highs! Watching for an entry over $100.79 for a Swing trade!!

Attis Industries Inc.
ATIS ---> This is a Bottom Player that showed some relative strength in last trade session! As Low Float Stock, a break above its 50 Moving Average could boost it for a strong Run! Worth watch.

Qualstar Corp.
QBAK ---> Nice Base Breakout that happened here in last trade session, on volume and buying pressure! I´ll be looking for its 200 Moving Average as target! As Low Float stock that it is, it can move fast! Stay tuned!


Catabasis Pharmaceuticals, Inc.
CATB ---> Exhausted setup! Possible Bottom Formation!! Technical Indicators starting to show positive divergences! Buy Opportunity!!

Arsanis, Inc.
ASNS ---> This setup is complete exhaust, trading under extremely oversold condition and the bottom could be very close once its MACD is bullish crossover, giving a nice buy signal! I´m closely for an entry!!

Disclaimer

Here's a friendly reminder: all charts shared here are powerful tools based on major technical indicators. However, it's crucial to remember that stock suitability depends on your individual strategy. 🛠️ I must emphasize that good stock performance isn't solely determined by technical data. 💡 As always, trade cautiously, and I cannot be held responsible for any trade outcomes. Remember, I'm not a financial advisor.