TTG Index Charts & Proprietary Stock Screen 4/17/23 $BMRN $ABB $PANW
Out of the Box MarketWebs Screen
Index Updates
$ES_F - S&P futures - Daily chart: Small range overnight as price trades in a tight range & for now is above all short term MAs
1hr chart: Price is above Value to start the week , 1st level of support to watch 4160
$NQ_F - NDX futures- Daily chart: Last week price bounced at top of Apr Value Area and is back up to that VPOC take out from 3/31... price has not gone anywhere over Apr (so far)
1hr chart: Price starts the week inside its new Value Area, watch 13,192 (QQQ $318.79)
$RTY_F - Russell Small Cap futures- Daily Chart: Small Caps leading this morning +0.5% but remains inside its Apr Value Area, watch 1817.5 resistance (IWM $178.86)
1hr chart: Price starts week inside its Value Area, watch 1809.8 resistance / 1782.7 support
Here is today’s TTG Proprietary Stock Screen using Volume At Price
Remember, I am only showing a few setups from the list here and review more in the TTG Trading Room. I provide a more detailed watchlist every weekend to start the week at TTG.
Charts
BMRN Weekly & Daily chart
BioMarin Pharmaceutical Inc. develops and commercializes therapeutic enzyme products. The Company has applied its proprietary enzyme technology to develop products for lysosomal storage diseases and for the treatment of serious burns. BioMarin Pharmaceutical through its subsidiaries provides analytical and diagnostic products and services in the area of carbohydrate biology. (Bloomberg)
-price perfect bounce on top of its yearly Value at $90.95
-suggested stop price $95 from the TTG MarketWebs, top of Apr Value Area (2nd chart)
ABB Weekly & Daily chart
ABB Limited provides power and automation technologies. The Company operates under segments that include power products, power systems, automation products, process automation, and robotics. (Bloomberg)
- new name to watch for me & I like to show new names from time to time
-suggested stop price $34 from the TTG MarketWebs
PANW Weekly & Daily chart
Palo Alto Networks, Inc. provides network security solutions. The Company offers firewalls that identify and control applications, scan content to stop threats, prevent data leakage, integrated application, user, and content visibility. Palo Alto Networks serves customers worldwide. (Bloomberg)
-suggested stop price $193 from the TTG MarketWebs & short term upside target is $204.32 VPOC
Remember, this is just one type of screen / setup that I focus on in my analysis!
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