Swing trading breakouts and breakdowns, August 23, 2023

As of the close of Wednesday, August 23, 2023, PerfectStorm scan of high-volume options found five new breakout candidates and one breakdown.

The breakouts are:

CPNG:

GOOG:

NVDA*(earnings coming very soon):

PBR:

and ORCL:

 

The breakdown is LCID:

Swing trader has three additional breakout candidates.

As of the close today, Thursday, July 27, 2023,  a scan of high-volume optional stocks found three new breakout candidates.

AI:

GOOG:

and IQ:

 

Two more swing trading breakouts.

As of the close of Friday, July 14, 2023, my PerfectStorm breakout scan of high-volume optional stocks found two additional breakout candidates.

This is NOT a recommendation, only an example of a momentum-based strategy.

AMD:

 

and GOOG:

 

 

Three more swing trading breakouts today.

As of the close today, Thursday, June 15, 2023, my scan of high-volume optional stocks found three more breakout candidates.

GOOG:

MU:

and RIVN: