TRUE MARKET LEADER

04/07/2024 analysis

‘‘‘In the 1950s and 1960s, the heroes were the long-term investors; today the heroes are the wise guys’’-MICHAEL STEINHARDT

TODAY IS MY BIRTHDAY AND I HAVE 50% DISCOUNT TO MY DISCORD COMMUNITY.MORE INFORMATION ;https://www.launchpass.com/true-market-leader-group/tmlvip

MOVING AVERAGE LINES USED

REDLINE = 50 DAY MOVING AVERAGE

GREENLINE = 10 DAY MOVING AVERAGE

PINKLINE = 21 DAY MOVING AVERAG

BLACK LINE = 200 DAY MOVING AVERAGE

we had nice rebound off 50-day moving average on friday though the volume lower the previous day.i expect more sideways on the nextweeks.the market need little pause after long move since late october last year (2023).lower volume is asign that the bulls are not ready yet.

But the market is always right let see how the index will act nextweek.stay objective.

IF YOU WANT TO SEE CLEARLY CHART RIGHT CLICK ON THE CHART AND THE CLICK ‘‘OPEN ON NEW WINDOW’’

NASDAQ DAILY TIMEFRAME

NASDAQ WEEKLY TIMEFRAME

The heavy-weight index did the same lastweek though it bounced off below 21-moving average.the index is currently extended after long move from october last year (2023).

If we can get small correction from here it will be heathier ,but let stay objective and trade according to the direction of market.

S&P500 DAILY TIMEFRAME

S&P500 WEEKLY TIMEFRAME

$AAON ;This stock has nice cup with handle pattern formed and its current approaching pivot point,the stock has best fundamentals i,e EPS and Sales.Relative strength line at new high.will buy at the pivot point (blue zone).

IF YOU WANT TO SEE CLEARLY CHART RIGHT CLICK ON THE CHART AND THE CLICK ‘‘OPEN ON NEW WINDOW’’

RATING; B $AAON DAILY TIMEFRAME

RATING ; B $AAON WEEKLY TIMEFRAME

$AVIDX; Inspite of having whipsaw action recently this stock caught my eyes after forming a nice large cup with handle pattern and the volume drying at handle area.will buy if it will cross above short term moving average (10 and 21 MA)

IF YOU WANT TO SEE CLEARLY CHART RIGHT CLICK ON THE CHART AND THE CLICK ‘‘OPEN ON NEW WINDOW’’

RATING;B $AVIDX DAILY TIMEFRAME

RATING; B $AVIDX WEEKLY TIMEFRAME

$CCJ ; Thanks for good fundamentals on this stock which caught my eyes and improving relative strength line.the stock is formed cup without handle ,will look best entry around the pivot point (blue zone).

IF YOU WANT TO SEE CLEARLY CHART RIGHT CLICK ON THE CHART AND THE CLICK ‘‘OPEN ON NEW WINDOW’’

RATING; B $CCJ DAILY TIMEFRAME

RATING; B $CCJ WEEKLY TIMEFRAME

$DDOG; Though the stock is current trading below 50-day moving average but i love the tightness action plus drying volume which show accumulation and no or selling at all.the company has good fundamentals i,e sales and earnings with annual 100% growth rate.

will buy when it will cross at 138,61 on volume.

IF YOU WANT TO SEE CLEARLY CHART RIGHT CLICK ON THE CHART AND THE CLICK ‘‘OPEN ON NEW WINDOW’’

RATING; B $DDOG DAILY TIMEFRAME

RATING; B $DDOG WEEKLY TIMEFRAME

$DXCM; The stock has formed deep cup with handle nad its currently trading at the buying point,the stock has good earnings and sales plus positive future earnings expectation.will look to establish a position we get more volume onto nextweek.

IF YOU WANT TO SEE CLEARLY CHART RIGHT CLICK ON THE CHART AND THE CLICK ‘‘OPEN ON NEW WINDOW’’

RATING; B $DXCM DAILY TIMEFRAME

RATING ; B $DXCM WEEKLY TIMEFRAME

$HUBS; The stock had nice volume on thursday lastweek,good sales and earnings are among of factors for its move,the Relative stregth line at new which implies the stock is outperform the general market.will buy nextweek if we can get strong market.

IF YOU WANT TO SEE CLEARLY CHART RIGHT CLICK ON THE CHART AND THE CLICK ‘‘OPEN ON NEW WINDOW’’

RATING; B $HUBS DAILY TIMEFRAME

RATING; B $HUBS WEEKLY TIMEFRAME

$ML; The strock has nice accumulation on the right side of the base inspite of having poor sales .but the future earnings expectation are positive.the stock has nice cup with upper handle and its currently little extended .will look for best place of entry.

IF YOU WANT TO SEE CLEARLY CHART RIGHT CLICK ON THE CHART AND THE CLICK ‘‘OPEN ON NEW WINDOW’’

RATING; B $ML DAILY TIMEFRAME

RATING; B $ML WEEKLY TIMEFRAME

If you personalize losses, you can’t trade.