Strong breadth readings today.
% of Nasdaq stocks above the 5sma: 74.3% (still has some room to the upside before being overbought)
Net New Highs: 216
Stocks up 4% or more: 322
$AEHR$BE$DELL$POWL$SNOW$STRL$TWLO some names that have my attention tomorrow!
All found with my favorite screen in @MarketLens_ an upside reversal or inside day near a key moving average
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A lot of red showing up in the Market Monitor today.
Within the MarketLens universe, 544 stocks are down 4% or more, while just 44 stocks are up 4% or more.
That's more than a 12-to-1 ratio.
The Silver, Copper & Base Metals Miners chart inside of @MarketLens_ resembling a bit of an inverse head and shoulders.
Plenty of nice looking charts inside this theme as well $SCCO$HBM$TECK$RIO$FCX$NEXA$CMP
$DELL had a strong Monster Power Earnings Gap (MPEG, 32.76% on almost 5x average volume, 64% earnings surprise).
Charts courtesy of @MarketLens_
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Just posted an in-depth walk through of charting inside the platform. From setting up your color scheme to key indicators and drawing tools.
youtu.be/0idw1w6A8mg