RALLY - Despite the big down day it’s hard to turn bearish considering the strong seasonal tendency and the strong breadth reading. Keep in mind that it is very rare to see major pullbacks at this time of year why I’m sticking with the statistics rather than letting my emotions get the best of me. Sticking with the plan and having a stop loss is the best cure against any worry in this business. Good luck and always use stops!
CMG – breakout, RS line in new highs before price, EPS 2/3
NOW – breakout, RS line in new highs before price, EPS 4/22
PANW – hidden smash, breakout, strong RS line, EPS 2/23