This stock is up more than 20% in the morning session.

Will it remain and continue to go up?


1) Its industry strengthened a bit - however, in recent times, the oil industries often went down after trying to recover. That said, based on data, the industry improved.

2) Undervalued with (3) a short squeeze potential.

4) The next earning is on 26th Feb.

5) EXTEN made a 52-week low this week and now breaking above Memory resistance in weekly - need to see if the weekly closes above the resistance.

6) Created a false downside breakout at the weekly Watermark pivot support.

7) The weekly is displaying a bullish Headwind possible reversal signal at the double-bottom.

8) Daily also created a false downside breakout at Watermark pivot support.

9) See if it can close above Daily Memory resistance.

10) It displayed Extreme Bullish Pressure as well as U-Turn today.

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Let's revisit $EXTN as it attempts to break above the Memory trendline resistance.

1) When I first shared $EXTN, it closed the day with an upper tail candle and following CUE guideline, one would not buy the stock.

2) Now, the stock is trying to go up again with a bullish Flow (cyan) candle.

3) If it can successfully break above the daily Memory resistance, that may give a Breakout long trade setup.

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Disclaimer: This site is for educational purposes only, explaining the use of CUE systems and techniques. It is not for trade advice. Trading involves risk. You and only you are solely responsible for the outcome of your trades.

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