Bank America Corp (BAC) : bullish breakout from the FLAG pattern.
OvaScience (OVAS) : I posted the cup and handle breakout a few weeks ago . This shows ongoing promise with a short term resistance breakout.
Happy Trading
Flavio
Coca Cola Bottlers (COKE) : long position setup. congestion breakout. I will wait for pullback to the resistance /support level $117.00 for a possible entry point.
OvaScience (OVAS) : Long position setup. Cup and Handle bullish breakout above $34.00.
OPKO Health (OPK) : Long position setup. Bulish breakout from the Pennant pattern.
Happy Trading
Flavio
Carter Inc (CRI) : Breakout from resistance and ascending triangle has held above this level and should be supported at prices level $101.75.
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.
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.
Happy Trading
Flavio
Caterpillar (CAT) : Early up-trend with bullish flag breakout.
Nuverra Environmental Solutions (NES) : breakout from congestion on strong volume.
Happy Trading
Flavio
Walt Disney Company (DIS) : Trading in a strong up-trend. Has formed an ascending triangle with horizontal resistance at $109.00. Wait for a breakout close above this level to trigger a long signal.
Pfizer (PFE) : Trading in a strong up-trend with a horizontal resistance level of $35.50. Wait for a breakout close above this level to trigger a buy signal.
Apple (AAPL) : Price currently supported by 50 day ema. Short term resistance at $130 which price needs to clear for long position trigger signal. A positive earnings announcement on April 27th may be the trigger for such a move.
Happy Trading
Flavio
S&P500 Index: The index tracking the major US listed stocks is currently trading in a range bound by resistance of 2,120 and support at 2,040. Over the past few weeks the index is converging and forming a triangle. Reporting season is likely to provide future direction with better than expected results likely to push the index higher but disappointing results could see the index break lower below the support level.
RPC Inc (QEP) : the share price has formed a bottom reversal inverse head and shoulders with a confirmation of the pattern yesterday with a breakout out above the neckline.
Happy Trading
Flavio
The US market has retraced over the past few weeks after reaching all time highs at the end of last year. The S&P500 index below shows this retracement with the price just holding above 2000 points. Further decreases lower are possible with the support level of 1972 in close vicinity which may hold further declines.
Newmont Mining (NEW)
Bottom consolidation with a possible double bottom formation. I’m waiting for a breakout above the resistance of $20.50.
Monster Beverage Corp (MNST)
Ascending triangle and it’s trying to breakout above resistance. This will be my long trigger signal.
Home Properties (HME)
Long setup with a resistance breakout on good volume. Stops can be placed under the recent support of $65.50.
Extra Space Storage (EXR)
Long setup with a resistance breakout on good volume. Stops could be placed under the most recent pivot low of $58.50.
Sirius has moved into an early up-trend and has paused at $3.50 which is acting as resistance. Positive earnings reported on Tuesday could look at pushing the share price through this resistance to continue the up-trend.
