Swing trading breakouts and breakdowns.

As of the close of Tuesday, September 5, 2023, my scan, using PerfectStorm, found five breakout candidates and two breakdown candidates.

The breakouts:

RIVN:

SNAP:

XLF:

APTV:

and NFLX (8/30/23:

The breakdowns:

PARA:

and GH:

SNAP dissapoints everyone.

SNAP, the provider of Snapchat over the past year has reported negative news after negative news. Now there is some news about its compensation practices which put into question more questions about the future viability of the company.

The attached charts illustrate the stock journey. Prices are as of the close of Monday, August 1, 2022