The content you requested is included in the Chart Patterns category, one of the 3 categories of exclusive analysis included in BullDude.com Membership.
The Chart Patterns category allows you to know every day the stocks that show the best and most effective Chart Patterns:
- Moving Average Breakout
- Potential and Resistance Breakout
- New All-Time High
Below is an explanation of why it is essential to have this information and examples of stocks that have grown in triple digits within a few months.
Moving Average Breakout
Moving averages are one of the most used tools in trading because they allow you to identify the presence of a positive or negative trend based on the position of the stock price with respect to it. One of the most important moving averages is the one calculated as the average price of the last 50 trading sessions and if the price is above it (or below) it indicates the presence of a medium-long term positive (or negative) trend .
So knowing which companies have just moved from a negative to a positive trend (so the price has moved above the 50-day moving average) is very useful information.
Within the BullDude.com Membership you will find an article called “Moving Average Breakout” every day containing the best companies that have just entered a positive trend, ie the price has moved above the moving average.
In the image above you find an example of this type of article called “4 Stocks Breakout a Key Moving Average Today” published on April 22, 2020 here on BullDude.com where Snapchat (SNAP) was reported because the price had reached $ 17 exceeding the moving average of 50 days (black line). Since that day, Snapchat (SNAP) has grown by over 55% in the next 3 months to over $ 26.
In mid-February 2021, the price of Snapchat (SNAP) reached $ 73 per share (+ 330%).
Resistance is a price level within a positive trend in the stock price that stops growth and does not allow for continuation, so it is an obstacle.
In order for the stock price to continue growth it must overcome this obstacle, i.e. reach a price level above the resistance.
So knowing which companies have just overcome this hurdle and are ready to continue growth is very useful information.
Precisely for this reason within the BullDude.com Membership you will find every day an article called “Resistance Breakout” containing the best companies that have just overcome this obstacle.
In the image above you find an example of this type of article called “6 Stocks Breakout a Resistance Today” published on 9 May 2020 here on BullDude.com where the Chinese company Pinduoduo (PDD) was reported because it had just overcome a resistance (black line) and in 2 months the price increased by 80%, going from $ 54 to $ 98.
In mid-February 2021, the price of Pinduoduo (PDD) reached $ 212 per share (+ 280%).
In addition, every day within the BullDude.com Membership you will find an article called “Potential Breakout” containing companies that have not yet overcome this obstacle (Resistance) but have a chart structure that increases the chances of doing so in subsequent trading sessions.
In the image above you find an example of this type of article called “Potential Breakout: 4 Interesting Stocks To Watch” published on June 18, 2020 here on BullDude.com where the company Fiverr International Ltd. (FVRR) was reported because it showed a good chance of overcoming the resistance to $ 73 (black line) in subsequent trading sessions. In fact, it did it in just 5 days and the price went from $ 68 (on the day the article was published) to over $ 122 (+ 80%) in the next 2 months.
In mid-February 2021, the price of Fiverr International Ltd. (FVRR) reached $ 335 per share (+ 380%)
New All-Time High
When a company’s stock price continues to rise and reaches a new all-time high it means it has reached the highest market value in its history. For example, Apple Inc (AAPL) currently has a market value of over $ 2 trillion, but before it can reach it, it has continuously recorded new all-time highs over the past few years, rising from a value of 1, 10, 100, 1000 and now over $ 2 trillion.
For this reason, reaching a new all-time high is very important because it means that the company is continuing to grow as a market value.
So knowing the companies that have just hit a new all-time high is very useful information.
Precisely for this reason within the BullDude.com Membership you will find every day an article called “New All-Time High” containing the best companies that have just reached a new all-time high and are therefore continuing to grow reaching market value never reached previously.
In the image above you find an example of this type of article called “10 Stocks to a New All-Time High | May 5” published on May 5, 2020 here on BullDude.com where the payment giant PayPal (PYPL) was reported because it had just reached a new all-time high of $ 125 per share (exceeding the red line which represented the previous all-time high). Since that day the company has continued to grow reaching $ 210 in the following 4 months (+ 68%).
In mid-February 2021 PayPal (PYPL) reached a price of $ 308 per share (+ 145%).
… or discover the other 2 categories included …
In this category you will find analysis on very interesting companies almost every day. The main characteristic in common of the analyzed companies concerns the ability to increase the size of the business in recent years and estimates of further growth for the years to come.
The key data of the chosen companies is shown through a single screen where you can find more general information such as the stock price performance of the last few months, the market value and key business data such as the amount of revenue and net income and the relative growth in recent years together with growth estimates for the years to come.
In the image above you will find an example of the key data of Tesla Inc (TSLA) where it is easy to identify the trend of the business in the last 3 years with Revenue of $ 35.9 billion growing by 206% (3-Year Growth) and expected to grow further by 85% (Next Yr Growth). Furthermore, it is easy to identify the Net Income produced ($ 1.1 billion), the 158% growth of the last 3 years (3-Year Growth) and the estimates of further growth of 419% (Next Yr Growth).
Thanks to the intuitive graph it is possible to see how Tesla Inc (TSLA) in previous years was at a loss while now it has gone into profit.
Upcoming Earnings Reports
This analysis is published at the beginning of the week and concerns the main companies that will release the earnings report in the following days. The analysis focuses on analysts’ expectations in terms of EPS (Earnings-Per-Share) that will be released compared with those reported in the same quarter of the previous year, useful for verifying whether the forecasts give rise in profits.
In addition, indications are given on other important data such as the results reported in the last quarterly report and if in the last 3 quarters analysts’ expectations have been beaten and if the stock has reacted positively or negatively.
In the image above you will find an example of the table showing the results released in the last quarterly report (Quarterly Revenue/Net Income), with the relative growth rates compared to the previous year (Y-o-Y Growth), and the expectations on the growth of profits (Est. EPS growth) of what is about to be released.
Most Interesting Earnings Reports
This analysis is released at the weekend and focuses on the quarterly results just released during the week from the most anticipated companies.
In a single screen it is possible to know the quarterly revenue and profits released and the relative growth rate (or decrease) compared to the same quarter of the previous year, useful to check if the company has grown.
In the image above you will find an example of the results released by the 10 most anticipated companies in the week of April 26, 2021 including Apple, Tesla, Microsoft, Google and Amazon.
About 1 hour before the start of the daily trading session you will find an article called “Pre-Market Movers” containing the pre-market movement of 104 companies selected among the best on Wall Street, from Apple to Tesla, passing through the most small and promising.
In the image above you will find an example of the Pre-Market movers of May 14, 2021 which highlights the performances of the 10 best and worst of the pre market. Inside the article there are many other detailed screens.