Chart Scans

SET-UPDESCRIPTIONRESULTS
Pullback Longs Minor Corrections In Stronger Uptrends DRIP, DUST, ERY, KOLD, LABD, LVS, SAVA, SRTY, TZA
Pullback ShortsMinor Corrections In Stronger Downtrends BILL, CB, CLR, CPE, DVN, EOG, EQT, ERX, ETSY, FANG, GTLB, HES, JNUG, MTDR, NFE, OKTA, OVV, PSX, PXD, SM, SYK, TRV, XLE, XOP
Power Up 3 or more Days Running Higher AKRO, APLS, CHX, ISSE, NUGT
Power Down 3 or more Days Running Lower DUST, JDST, VFC
Inside Day Relative Range within prior Day's range AFRM, ARES, BG, DXC, KKR, KRC, NOVA, OKE, RTX
 Inside Week
(updated Weekly)
 Last Week's Range within Prior Week's range ADSK, ALB, AMZN, ARKK, CELH, CHWY, COIN, CRWD, CSIQ, DOCU, ENPH, FIVN, HZNP, IGV, INTU, KLAC, LOW, LSCC, MCHP, NET, NTLA, PANW, PLNT, RBLX, SE, STLD, TXG
Doji Day Narrowing Tight Action in normally APA, JCI, NOVA
 Doji Week
(updated Weekly)
 Closed near the Open for the Prior Week ACN, AMZN, ARKK, BG, BOIL, CAT, CNQ, CSGP, CVX, DD, DXCM, ENPH, EQT, GLBE, HDB, INCY, LOW, MRK, PRVA, RLAY, TD, UNG, XLB
Overbought Up aggressively compared to 5-day avg range   AKRO
 Oversold Down aggressively compared to 5-day avg range AEE, AEP, CLX, D, DTE, DUK, ED, ES, ETR, KMB, KMX, NKE, PG, PM, SO, SWKS, TSM, WEC, XEL
 Wide Range Breakouts Strong Volume move Higher above recent resistance...filtered for highest volume above average POSH, SDOW
 Wide Range Breakdowns Strong Volume move Lower below recent support...filtered for highest volume above average ABBV, AEO, ASO, CCL, CUK, DKS, IBM, K, KMB, MDLZ, MKC, NCLH, NTAP, PEP, QYLD, RCL, RL, RVLV, SAVE, SKX, SWCH, TGNA, TOST, TSCO, UA, UAA, WEC, WOOF, XRT
Tight Consolidations A Few Days/Weeks of Narrowing Sideways Ranges LW, MNST, NTR
 20 Day Alerts Within 1% of 20-day simple moving average DG, FSLR, JNJ, JNUG, NARI, SCHW, SRPT, VLO, WYNN
 50 Day Alerts Within 1% of 50-day simple moving average AEM, ALL, ASAN, BJ, DK, DRI, GIS, RLAY, SCHW, SMAR, SNOW, TTD, VERV, VRTX, WOLF, WRB, ZS
200 Day Alerts Within 1% of 200-day simple moving average ACGL, ADM, ALL, BMY, CRSP, CTRA, EOG, EQNR, GILD, IBKR, LVS, MUR, NE, NOVA, OVV, TAN, XLE, XOP
Runners Stocks under $25 with Strong Up Momentum, by volume BEAT, HLIT, SOBR
Bang For Your Buck
 High Volatility & Liquidity for Day/Swing trading SQQQ, AAPL, EQT, AMD, TSLA, AMZN, NVDA, NKE, META, GOOG, SHOP, ARKK, XLE, XOM, RCL, SPXL, OXY, UPRO, PLD, BABA, LABD, JPM, TNA, SOXS, XBI, SQ, RBLX, RIVN, DIS, NFLX, TZA, MRVL, CVNA, PYPL, COIN, TTD, DVN, PDD, AMAT, AA, BA, MS, SDS, GE, ROKU, APA, CRM, QCOM, XRT, RUN, COP, SE, JD, SDOW, AR, QLD, XLY, CZR, DKS, ON, KMX, SNOW, UPST, MOS, MPC, SARK, U, BX, TECL, ABNB, CNC, DOCU,
  • Upgrades:
    • Hermes (HESAY) upgraded to Buy from Neutral at UBS
  • Downgrades:
    • BRP Group (BRP) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $30
    • CarMax (KMX) downgraded to Equal-Weight from Overweight at Stephens; tgt lowered to $64
    • Intuit (INTU) downgraded to Neutral from Overweight at JP Morgan; tgt $360
    • Just Eat Takeaway.com N.V. (GRUB) downgraded to Underweight from Neutral at JP Morgan
    • New Relic (NEWR) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $57
    • NIKE (NKE) downgraded to Hold from Buy at Argus
    • SKF (SKFRY) downgraded to Equal-Weight from Overweight at Morgan Stanley
    • Thor Industries (THO) downgraded to Hold from Buy at Argus
  • Others:
    • Alliant Energy (LNT) initiated with a Neutral at Credit Suisse; tgt $58
    • Constellation Energy (CEG) initiated with an Outperform at Credit Suisse; tgt $98
    • Cousins Prop (CUZ) initiated with an Outperform at Evercore ISI; tgt $29
    • Dominion Energy (D) initiated with an Outperform at Credit Suisse; tgt $82
    • Dynatrace (DT) resumed with an Overweight at JP Morgan; tgt $46
    • Exelon (EXC) initiated with an Outperform at Credit Suisse; tgt $43
    • JFrog (FROG) resumed with an Overweight at JP Morgan; tgt $29
    • Molina Healthcare (MOH) resumed with an Overweight at JP Morgan; tgt $360


Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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