Swing Trades for the Week. 21 December ( US Stocks )

 Hi, Let's check out some stocks which are looking good from here on. Will be explaining with the help of the following charts. Please tap on the charts if you want to zoom them.

Shopify Inc.

In the weekly charts, Shopify has managed to come out of the marked range with a long candle.

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Let’s have a look at the daily charts now.

In the daily charts, it has crossed the declining trendline forming a cup pattern. This gives us a bullish bias for the stock.

Malibu Boats

In the weekly charts, Malibu Boats has recently crossed the MACD.

Let’s have a look at the daily charts.

In the daily charts, we can see that MB has managed to come out of the marked region. It is also supported by volume shelf. Volume shelf is an exclusive feature available in Trend Spider.

Futu Holdings

In the weekly charts, FH is showing a bullish trend supported by the volume shelf as marked in the chart.

Let us look at the daily charts now.

In the daily charts, FH has come out of the marked resistance levels and has also formed a descending triangle. This gives us Bullish bias for the stock.

Charting Website used - 


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