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Bullish Picks

Symbol

ZLAB

Name

Zai Lab

Industry Group

Medical

Pattern

Flag Consolidation

Next Earnings

N/A

COMMENTS:Zai Lab has been forming out a nice Flag Consolidation over the last month and in today's session we finally saw a break.  Now, this type of trade can work out three ways. 1. We can see a breakout to the upside. 2. We can see a fall back into the consolidation; or 3. The most likely situation we will see is a slow continued move up and out of this range.

Symbol

NSTG

Name

NanoString

Industry Group

Medical

Pattern

Resistance Break

Next Earnings

7/29/2020

COMMENTS:  By far one of my favorite setups the trend into consolidation break is one of the most powerful and here on NSTG.  These types of moves have explosive upside potential.  Keep an eye on this stock for it to hold and then be ready for lift off!

Symbol

CLCT

Name

Collectors Universe

Industry Group

Consumer Services

Pattern

Resistance Test

Next Earnings

8/26/2020

COMMENTS: CLCT might turn out to be a collectors dream come true.  If you missed your opportunity on the V reversal, this Resistance break could be your next golden egg.  Although, as I always say, these have a tendency to pull back as it wides up ready to go.

Important Information:
Futures, options and securities trading has risk of loss and may not be suitable for all persons. No system can guarantee profits or freedom from loss. Past results are not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will achieve profits or losses similar to those shown.

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