31Mar3:36 pmEST
Hey, Dr. Jones, No Time for Love. We Got Setups!
Strong day for the Nasdaq and indeed many beaten-down growth names, such as our MASS play from yesterday. As we suspected, sentiment has been washed out and they are likely enjoying a seasonally bullish reprieve for the time being.
I am not so sure about long-term entries for tech at this point. But for swings there are relative strength setups like ALTR in software (note the cool customer of a setup on the first daily chart, below) as well as former hot names like FUBO which made it all the way down to its 200-day moving average, the yellow line on the second daily chart, below.
Both these name are at interesting locations to take a stab into April for upside if bulls can build on today's Nasdaq progress.