Market Analysis for Jul 20th, 2021

By Ricky Wen

Jul 20, 2021 - 1:56 PM EDT

Rotations rotations...

Mentioned ROL, VRSK, DOCU, ILMN, SE, REGN, VRSN previously. Doing well on their daily +weekly breakout formation

New candidates: ADSK + CTAS looks ready to ripe another +10-15%. Line in sand should be this week's low.

Manage risk accordingly, lots of earnings coming up.

ILMN JULY20_D

ADSK JULY20_D

VRSK JULY20_D

DOCU JULY20_D

REGN JULY20_D

CTAS JULY20_D

SE JULY20_D

ROL JULY20_D

VRSN JULY20_D

Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.

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