An index, sector, equity approach is a great way to find names that are ready to move. In tonight’s video newsletter we’ll look at this trifecta and why I think it’s getting ready to move the US’s largest parcel company.
LUMN is setting up with a bullish technical structure that traders may want to keep on watch. In this video, Allison breaks down the current LUMN stock trade idea, including the recent squeeze setup, momentum reset, bullish trend, weekly squeeze, and a key upside target near $11.29.
The indexes from the outside in look great. Many stocks have neutral squeezes.
The market is not falling apart, it’s just taking a drink of water. SPX is holding inside the weekly Quant Pivot sandbox, Apple just hit another all-time high, and Google is quietly building a 1-hour and 4-hour squeeze. Here are the levels traders should be watching next.