Raytheon Co. ($RTN) has been trading within a well-defined range over the last three months. However, price is now holding right at resistance in anticipation of the next breakout move. Here’s why this stock could get a big breakout soon..
The Dow Jones Industrial Average ($DJI) has been extremely bullish over the last two months of trading, rallying 1,200 points during this time. While the index is sitting below short term resistance, price may need to test the year’s high at 11,258 before another significant move is seen.
The S&P 500 Index ($SPX) has been trending steadily higher since 1,040, rallying over 100 points in the last four weeks. However, price is beginning to show signs of weakness, which could lead to a near-term retracement soon. Here’s my outlook for the week..
Baidu, Inc. ($BIDU) has been extremely bullish throughout the last month of trading, rallying over $30 during this period of time. Well, this stock could be due another big move to close out of the month and Q3. Here’s why..
Netflix, Inc. ($NFLX) has been a great mover over the last few months – and looks poised for another big move soon. Here’s why..
