The following few stocks are on my radar for future trades. They are primarily NASDAQ stocks given the room to move on the index breakout pattern.
S&P500 monthly: the ascending triangle breakout target has been reached here:
SPY monthly: here too:
DJIA monthly: here too:
NASDAQ monthly: the ascending triangle breakout has a lot of room to move here though:
NASDAQ-100 monthly: there is plenty of room to move here too:
QQQ monthly: the NASDAQ-100 ETF: ditto:
HG weekly: Copper is looking perky and the 3.50 level is still the target here:
EEM weekly: The Emerging markets ETF made a bullish triangle breakout last week:
Stocks: I’m looking for some mean reversion recovery action on the following stocks:
TWTR weekly: I’m watching for any weekly close above $20 for a recovery move up to $50:
AMD: watching the trend lines and $15 level here:
AMD daily:
AMD monthly: there is a lot of recovery room here:
MU: I suspect the $40 level will be a target here and any break and hold above this would suggest a recovery move to monthly highs:
MU weekly:
MU monthly:
YHOO: I’ watching for any break and hold of $60 to support a move to previous monthly highs:
YHOO weekly:
YHOO monthly:
CONN weekly: there has now been a weekly close back above the key $20 level:
ANF: watching the bullish descending wedge and $6 support here:
ANF weekly:
ANF monthly: plenty of recovery room here if it gets going at all:
DB weekly: watching for any close and hold above $20 for a recovery move back to previous S/R near the 61.8% fib near $80:
GILD weekly: watching the flag trend lines here:
NTAP: watching for any move up to close and hold above $60 for a recovery move back to previous highs near $150:
NTAP weekly:
NTAP monthly:
FCX weekly: watching the trend lines here:
ALSK monthly: watch for any close above the $3 level:
PTNR weekly: watch trend lines for any new breakout: