The Daily Breakout
Wednesday, December 14, 2022
Here are today’s top breakouts & breakdowns:
$BNTX: Healthcare name BioNTech started to breakout of its one year base after biotech giants such as Merck, Moderna, and Pfizer all are starting to look technically constructive.
$PWSC: Education SaaS provider PowerSchool Holdings broke out to 52-week highs despite technology underperforming the broader market. Unlike many of the other tech companies that IPO’d in 2021, PWSC is up 33% YTD.
$DOCU: DocuSign has been beaten down like many other tech names this year but looks to be reversing higher after bouncing off of its lows for the last couple of months.
$TPX: Mattress maker Tempur Sealy started to breakout of its pivot point as it began to trade in the gap from where it gapped down in February of this year.
$VIRT: Virtu Financial broke down to 52-week lows falling below a point at which it had bounced many times over the last couple of years.
