TTG Proprietary Stock Screen with Charts $CDNS $KEYS $TMDX 1/17/23
Out of the Box MarketWebs Screen
Here is today’s TTG Proprietary Stock Screen using Volume At Price
Quick Takeaway from today’s screen:
While the market is short term overbought (see NYMO chart below) there continues to be rotation under the hood in the indices. For example, Tech showed up on the screen today with a bit more participation. I will review a couple setups in that space below.
Remember, I am only showing a few setups from the list here and review more in the TTG Trading Room. For example, I provide a more detailed watchlist every weekend to start the week at TTG, for example, here is how last week’s watchlist performed:
CDNS Daily & Weekly chart
Cadence Design Systems, Inc. provides software technology, design and consulting services and technology. The Company licenses its electronic design automation software technology and provides a variety of professional services. Cadence's design realization solutions are used to design and develop complex chips and electronic systems, including semiconductors.
-stop price $166
-potential targets $176 & $184
KEYS Daily & Weekly chart
Keysight Technologies, Inc. offers electronic measurement services using wireless, modular, and software solutions.
-stop $182
-VPOC target $199.7
TMDX Weekly & Daily chart
TransMedics Group, Inc. operates as a biotechnology company. The Company offers transplant therapy for end-stage organ failure patients across multiple disease states. TransMedics Group serves patients in the United States.
-did not make the scan because it is decently above the ‘23 Value Area (not a fresh breakout), but I am adding it here as it is a strong chart.
-stop $61
Remember, this is just one type of screen / setup that I focus on in my analysis!
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