Breakout Day for the $RUT
The Russell 2000 Index ($RUT) fell asleep at the wheel last week, but developed an incredibly tight 4-day range in the process. This range could pave the way to the next major breakout opportunity ahead. Here’s why..
3-Year Resistance in $PGR
Progressive Corp. ($PGR) took a turn for the worse yesterday, as price had one of its biggest one-day declines of the summer. As it turns out, the $21 resistance level is more solid than you may realize. Here’s why..
I’m Watching $INTU
Intuit, Inc. ($INTU) has been on a highly bullish tilt since the beginning of 2009 and has accelerated its bullish pace in the last two months. However, $INTU may be on the verge of a short term pull-back that could push price back toward $42. Here’s why..
2 Stocks to Watch
Amazon.com ($AMZN) and Wynn Resorts ($WYNN) are showing similar characteristics that indicate they are winding up for major breakout opportunities ahead. Here’s why you should pay attention to these two stocks..
A Techical Look at the $SPX
The S&P 500 Index ($SPX) has developed several major technical patterns over the last few months that many traders will be watching closely in the weeks to come. Important directional clues could be revealed by these patterns ahead. Take a look..