US Momentum Report - October 13, 2024
Report on the strongest momentum stocks in S&P100, S&P 500 and NASDAQ 100 indices
Short Term Momentum
S&P 100
NASDAQ 100
Long Term Momentum
S&P 100
NASDAQ 100
Charts
BLK - weekly chart
GE - Daily chart
Narror range
NVDA - Called the momentum trade of the year/decade.
Breakout from symmetrical triangle pattern.
TSLA - Robotaxi event on oct 10 disappoints investors. Price falls the next day and is close to the 200 MA. If it fails to hold 200 MA, things can get worse for Tesla.
AVGO - near breakout levels
T - AT&T Breakout and back to retest levels
DASH - breakout from a short base
FTNT - breakout from a large base
ILMN Breakout from a base lasting a year.
PANW - near breakout levels