$PLTR $DDOG $STX $CRWV $BE: Six Charts Every Momentum Trader Should Watch
Not every stock is moving the same way. Some are building bullish continuation patterns, others are testing critical support, while a handful of momentum trades continue to outperform.
Here are the key setups worth watching right now.
1. $Palantir Technologies Inc.(PLTR)$
Coiling in a Mini Bull Flag Ahead of a Potential 9-Month Trend Channel Breakout
One of the strongest 1-month RS mega liquid name in the list. Mini bull flag with 10 sessions of declining volume. Has been pushing higher low prints for the week.
2. $Datadog(DDOG)$
didn't see it fail so fast.
could still bounce and rebuild from 50-MA
3. $Seagate Technology PLC(STX)$ $CoreWeave, Inc.(CRWV)$ & $Bloom Energy Corp(BE)$
(3 Trades Update, T+3, total 10R under 4 days)
Still trailing remaining with 2/3 stop loss intraday in $BE. 17th July Friday was the best spot for mean reversion in long ideas.
You need to build situational awareness to tilt the probability of success in your daily trading plan and setup.
PS: $CRWV was executed via $T-Rex 2X Long CRWV Daily Target ETF(CRWU)$ and $BE via $Tradr 2X Long BE Daily ETF(BEX)$ for positive compounding.
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