Stocks to Watch 2-1-2013
Posted in Trading Blog on February 1st, 2013 at 9:26 am by Jeff WhiteThis morning I was a guest on a financial radio show, and wanted to share the charts of stocks I discussed on the show. If you’re here for the first time after listening to the show, welcome!
Here are the setups:
ARCO is sitting in a tight wedge here with explosive potential. A push past $14 gets it going again.
NOV is sitting in a flag pattern which would be confirmed with a push past the $75 short-term resistance area. Room to run if so.
XXIA is basing here after a mild pullback within an uptrend. A push past $19.25 and the highs come back into view.
CELG is resting after tremendous momentum with a $20+ move. A push past $100 sets it free to continue its climb to all-time highs.
MYL is building up some pressure here and looks ripe for a breakout through $28.60 from this ascending triangle.
I share setups like these with subscribers all the time. Check out the free trial we’re running right now if you’d like to see what we do.
Trade Like a Bandit!
Jeff White
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