Starting a chart study series
First, $ALAB
Joins the Nasdaq-100 on June 22 just as its Scorpio X switches ramp in Amazon's Trainium3 racks β a hardware deployment cycle backed by the AWS/Anthropic deal with 75%+ gross margins to leverage every dollar of new revenue.
$ONDS
earnings catalyst causing 2nd highest daily volume ever
breaking out of a 6 month wedge + testing 6 year level (11.50)
setup: catalyst continuation
entry: fadeHL (opening fade -> higher low off 5 min 10EMA)
stop: low of day
$MXL
setup: catalyst continuation off highest daily volume ever
entry: 5m/1hr opening range breakout
stop: low of 1hr candle (which happened to be 10EMA+VWAP on 5m chart as well)