Bullish Picks
Symbol | XPH |
|---|---|
Name | SPDR Pharmaceuticals |
Industry Group | Regulated Investment (ETF) |
Pattern | Consolidation |
Next Earnings | N/A |
COMMENTS: We don't normally ETF's of this type by the current setup is to good to pass up. We have a significant move into a consolidation. This could present a huge break out opportunity. We are currently showing some weakness heading into Thursday's session so plan your entry carefully.
Symbol | MDT |
|---|---|
Name | Medtronic |
Industry Group | Health Care Equipment |
Pattern | Consolidation |
Next Earnings | 8/18/2020 |
COMMENTS: This much like XPH has the potential to really blow up. This consolidation could lead to a move up near $108 or higher if it holds.
Bearish Picks
Symbol | LEA |
|---|---|
Name | Lear Stock |
Industry Group | Auto Parts |
Pattern | Resistance Fail |
Next Earnings | 7/24/2020 |
COMMENTS: This is listed under bearish but really is more neutral for the time being. After failing off resistance we have shown some weakness. However, our prior gap in February could be the support this stock needs to continue higher. If it fails look out below.
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