Bullish Picks
Symbol | CKH |
|---|---|
Name | Seacor |
Industry Group | Oil/Energy |
Pattern | Consolidation/Resistance Break |
Next Earnings | 7/22/2020 |
COMMENTS: Seacor has a really strong pattern showing up. We have a consolidation/resistance break. Normally you would want a consolidation to break out in the direction of the trend but in this case we had very strong resistance. This could be the springboard to the high $40s.
Symbol | ORCL |
|---|---|
Name | Oracle |
Industry Group | Systems Software |
Pattern | Trendline Bounce into Gap |
Next Earnings | 6/1/2020 |
COMMENTS: Oracle is coming up to a very exciting area in the chart. A nice trend into a consolidation. This often leads into an extension of the trend 50% to 100% of the move. Watch out above.
Symbol | BXP |
|---|---|
Name | Boston Properties |
Industry Group | Office REIT |
Pattern | Trendline Break |
Next Earnings | 8/4/2020 |
COMMENTS: Boston Properties have broken an upper trendline. This happens to be at resistance as well. A strong move into market structure typically has a reversal before the move, however the gap leading in could signal strength. Keep an eye on this one.
Important Information:
Futures, options and securities trading has risk of loss and may not be suitable for all persons. No system can guarantee profits or freedom from loss. Past results are not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will achieve profits or losses similar to those shown.