Wall Street Traders Report June 1st

Carter Inc (CRI) : Breakout from resistance and ascending triangle has held above this level and should be supported at prices level $101.75.

Carter Inc (CRI)
Carter Inc (CRI)

 

NiSource (NI) : Has formed a Bullish Flag but was unable to close above the upper trendline on Friday to signal the long trade. I will continue to monitor this on my watch list for a bullish close above this price level.

NISOURCE (NI)
NISOURCE (NI)

 

Mondelez (MDLZ) : Bullsih breakout on Friday from the Flag pattern on strong volume. Price should continue to move up-wards from here if the signal is to prove valid.

Mondelez (MDLZ)
Mondelez (MDLZ)

 

Happy Trading

Flavio

 

 

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