Bullish Picks
Symbol | SPTN |
---|---|
Name | |
Industry Group | Food Distributors |
Pattern | Resistance Test |
Next Earnings | 8/12/2020 |
COMMENTS: SpartanNash is testing resistance that has held for the last calendar year. Momentum seems to be with this but watch for a possible fail over the next few sessions. If we hold we will be looking for a move up to $25
Symbol | WWW |
---|---|
Name | |
Industry Group | Footware |
Pattern | Flag |
Next Earnings | 8/5/2020 |
COMMENTS: WWW has an exciting pattern happening, we have a pennant flag pattern that often moves 50-100% from prior range. Look for a breakout and hold on to your seat.
Bearish Picks
Symbol | NTLA |
---|---|
Name | |
Industry Group | Diagnositc |
Pattern | Trend Break |
Next Earnings | 8/6/2020 |
COMMENTS: All good things must come to an end and it looks like NTLA's number might be up. After a very strong Covid recovery this power house has broken to the south side of the bullish trend. Note that we saw a break in May that quickly came back but this is a little different with a bearish move off highs into a consolidation. Stick a fork in it, it's done!
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