Author: Tara Young and Greg Patrick, Trades Of The Day

It’s breaking out of a multi-month symmetrical triangle on the daily chart while bouncing cleanly off a resistance-turned-support level on the weekly — a dual-timeframe technical setup that historically signals the start of a sustained move higher.

All 10 names on this week’s watchlist have already broken out of their primary chart pattern. These aren’t anticipation setups, they’re confirmation setups. The pattern is already through, and the question now is whether buyers show up to defend the breakout with a clean daily close above the resistance level listed alongside each ticker.

The combination of a record-breaking Q1 earnings beat, the imminent global launch of the company’s AI ad platform, and a fresh technical breakout makes this stock one of the more interesting setups on the board.

The combination of a blowout earnings beat with record-setting guidance, a major DOJ overhang that just got significantly defused, and a fresh technical breakout makes this stock one of the more interesting setups on the board. Our trade idea is targeting a 32%–55% potential return.

The combination of a landmark Phase 3 trial success, accelerating U.S. and European commercial launches, and a fresh technical breakout makes this stock one of the more interesting setups on the board. Our trade idea is targeting a 20%-36% potential return in the next 3-6 months.