Morgan Stanley

US Market: Stocks Taking Break out and Break Below the Cloud

This week following stocks have taken a break out above the cloud (consolidation zone) (1D candle):

1. MS
2. JPM
3. CVX
4. WFC
5. HD
6. BRK.A
7. XOM
8. AXP
9. TMO
10. CSCO

Following stocks have taken a break below the consolidation zone (daily candle):

1. LLY
2. AAPL
3. DIS
4. ABBV
5. MCD
6. MRK


The tool (Zeta Scalper) was fed with 40 stocks (top 40 stocks by market cap) and run at daily candle to find out stocks breaking above and below the consolidation zone.

Use your due diligence before investing or trading.

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