Each week I provide analysis and post ideas in the Klarenbach Research Telegram Group.
I have included a sample of today’s Trade Ideas Watchlist.
Summaries of these ideas can be found here and here
FNKO - NASDAQ
I like how this one consolidates above the 200 DMA and is back above the green 50 DMA. Be aware of the yellow VWAP from the high overhead. My entry is here at 19.46, with my stop at 17.40 below the recent relevant low and the 200 DMA.
DEN - NYSE
DEN is consolidating nicely above the 50 DMA. I like it above Friday’s high of 75.55 with a stop at 68.70 under the recent low and 50 DMA.
URA - Global X Uranium ETF
Steven from my Telegram Group inquired about this one last week, with my response being that I like it above 28.
This ETF is breaking out, and I like it here at 29.27, with the stop at 26.60 under the recent and relevant low.
TDC - NYSE
Here is another stock with a third attempt at a break-out to higher levels.
I like it here at 58.38 with a stop beneath 54.11 and the green 50 DMA.