Daily Trading Picks — 28 August 2026 | BULLISH

Daily Trading Picks — 28 August 2026 | Market Bias: BULLISH

Published at 06:00 UK | Pre-market analysis of US shares

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Market Overview

Scanner coverage: 80 stocks analysed from daily close data (2026-08-27). 43 stocks in bullish/recovering trend versus 9 bearish. Favour long setups — the market has a constructive tone.

Stocks: 80 | Bullish: 43 | Bearish: 9 | Neutral: 28

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Today's Picks

1. MRVL — MRVL (US)
Setup: Trend continuation long
Direction: LONG
Close: 241.45 (-1.5% prev day)
Entry: On confirmed move above 241.45
Stop Loss: 222.07
Target 1: 275.95 (R:R 1.8:1)
Target 2: 293.20 (R:R 2.7:1)
Confluence: 1/5 — Strong uptrend, Vol 1.3x avg, MACD positive
Confidence: SPECULATIVE

2. COST — COST (US)
Setup: Trend continuation short
Direction: SHORT
Close: 934.66 (-2.2% prev day)
Entry: On confirmed move below 934.66
Stop Loss: 956.78
Target 1: 898.18 (R:R 1.6:1)
Target 2: 879.94 (R:R 2.5:1)
Confluence: 1/5 — Strong downtrend, MACD negative, Moved -2.2% today
Confidence: SPECULATIVE

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Watchlist

ORLY (US): Trend continuation short. RSI 42. Score 3.0/10. Watch for Strong downtrend, MACD negative.

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Index Breakdown
US / Nasdaq: 20/40 bullish (50%)

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Data: TradingView daily close (2026-08-27). Track levels on our Live Charts page.

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Risk Warning: Trading equities and indices carries substantial risk of loss. These are educational ideas shared for discussion, not financial advice. Past performance does not guarantee future results. Always do your own research and never risk more than you can afford to lose. ChartsView is not authorised or regulated by the FCA.