Here is my Watch List of stocks poised for Breakout: AAPL, BRO, JBL, MBI , PB. Click on any chart to see a bigger version.
By Sinisa Persic, TraderHR.com
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Here is my Watch List of stocks poised for Breakout: AAPL, BRO, JBL, MBI , PB. Click on any chart to see a bigger version.
By Sinisa Persic, TraderHR.com
After more than 5 weeks of consolidation, Apple Inc. (AAPL) looks like it may start another move toward new highs into the 135-150 range. Helped by a strong bounce in the overall market, AAPL already broke the 20-day moving average Monday and is moving toward the descending trend line at around 128. If broken, this is likely to confirm the end of the consolidation period and accelerate prices higher. Downside protection (stop) at 50SMA & horizontal support at around 122.
By Sinisa Persic, Trader.com.
BIDU & TIVO short, and GAME & PVA long. See targets on charts below.
by Sinisa Persic, TraderHR.com.
Here are 3 stocks that are flagging or in rising triangles that should resolve higher. (Click to see larger image)
By Sinisa Persic, first published on TraderHR.com.
Google Inc. (GOOGL) is consolidating in a triangle formation, and its range is tightening, which suggests a potential breakout and trend reversal in the short term. Price to watch: 537.