Major Confluence in $WHR
Whirlpool Corp. ($WHR) has been trending within a well-developed channel for months – and looks poised for another bullish run within its boundaries! Confluence may play a part in the next run to $93.
$BIDU Headed to $75?
Baidu, Inc. ($BIDU) has been an incredibly strong stock over the last 18 months, rallying from $10 to $82 during this stretch. However, $BIDU could be headed for a short term pull-back, which means we could see price drop back toward $75 over the next few sessions.
$CME is Ready for Another Breakout
CME Group ($CME) has made a great run from support after my recent blog post entitled “3 Stocks to Watch”, rallying nearly 15 points in the last few sessions. The stock is now winding up for another breakout opportunity. Here’s why..
$FAZ Headed to $12?
The Financial Bear 3X ETF ($FAZ) is sitting on a three-month critical support level at 13.60 and seems to be teetering on the brink of a break. A violation of this line could lead to another wave of selling pressure back toward $12, or lower.
S&P 500 to 1,200?
Last week, I wrote about the 1,000-point triangle pattern in the Dow Jones Industrial Average, which finally went into full “breakout mode” late in the week. The S&P 500 Index (SPX) is getting the initial break through the top of its triangle, too, which forecasts a move back to 1,200…but it might need a little help from the $VIX.