Below are four momentum-based setups that fit the above theme when highlighted in the Osprey Strategic Daily Setups:
PXD – Pioneer Natural Resources Co
(identified in the Daily Setups on January 3, 2022)
Pioneer Natural Resources is setting up below horizontal resistance that leads to a new 52-week high as the PPO starts to cross above the zero line. Watch for a breakout.
Follow Up Chart
CF – CF Industries Holdings, Inc.
(identified in the Daily Setups on January 18, 2022)
CF Industries is setting up within a bull flag continuation pattern. Watch for a breakout.
Follow Up Chart
SBLK – Star Bulk Carriers Corp.
(identified in the Daily Setups on January 27, 2022)
Star Bulk Carriers is curling off the lower trendline of a giant ascending triangle continuation pattern as the PPO resets at zero. Watch for a price move back towards the upper trendline of the pattern.
Follow Up Chart
LHX – L3Harris Technologies Inc.
(identified in the Daily Setups on February 24, 2022)
L3Harris Technologies is attempting to trend higher from a sloppy continuation pattern while the weekly PPO starts to curl higher off the zero line.
Follow Up Chart
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