It has been the same song and dance for the last couple of weeks, many stocks are not triggering and those that are triggering are not showing much follow through. You can see that on the chart below that looks at the number of stocks up 13% or more in the last 34-days versus those that are down 13% in the last 34-days.
In the VIDEO below I discussed the stocks on my watchlist and a way to deal with negative divergences/narrow rallies.
$CWBR $VERI $EHIC $TGT $FIVE $TTD $GWRE $SQM
STOCK OF THE WEEK RECAP
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463.
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