TTG Proprietary Stock Screen with Charts 1/7/23
Out of the Box MarketWebs Screen
Here is this weekend’s TTG Proprietary Stock Screen using Volume At Price
First of all, what is the screen and how can it be used?
The screen is using an Indicator called the TTG MarketWebs that uses Volume At Price to determine significant breakouts and breakdowns.
What it does:
Identifies breakouts on multiple timeframes using Volume At Price
Spot Relative Strength in sectors / groups
Spot Relative Strength in companies
Removes extended names (trading way above a Value Area)
How can it be used :
To help formulate a disciplined trading approach (outside of the scope of these posts but taught at TTG)
Identifying where significant support & resistance lies for trade setups, targets, and exits
Quick Takeaway from today’s screen:
Consumer Discretionary, Industrials, Financials (mainly Insurers), and Energy sectors are showing Relative Strength.
I will show 3-5 chart setups here based on my own preferences but all the companies in the above list meet the same technical criteria.
HAL Weekly Chart
Halliburton Company provides energy and engineering and construction services, as well as manufactures products for the energy industry. The Company offers services and products and integrated solutions to customers in the exploration, development, and production of oil and natural gas.
-upside VPOC target $44
- stop $38
HWM Weekly Chart
Howmet Aerospace Inc. provides engineered metal products. The Company offers engines, fasteners, and structures, as well as forged wheels. Howmet Aerospace serves the aerospace and commercial transportation industries.
-breakout play
- stop $36.9
HCA Daily Chart
HCA Healthcare, Inc. offers health care services. The Hospital provides diagnosis, treatments, consultancy, nursing, surgeries, and other services, as well as medical education, physician resource center, and training programs. HCA Healthcare serves patients in the United States.
- posted this chart on twitter back on 1/4 and now is a little extended, so would personally wait for small pull back , but like trend and hospital / care theme.
- upside VPOC target $261.27
VVV Weekly Chart
Valvoline Inc. manufactures and distributes automotive lubricants and chemicals. The Company offers motor oil, additives, antifreeze, brake fluid, and grease products. Valvoline also owns the oil change and express care chains of car repair centers.
- breakout play
- stop $32.8
Remember, this is just one type of screen / setup that I focus on in my analysis.
Want to know more about the TTG MarketWebs Indicator? Learn More Here
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