In no particular order,
CRM – Text book bull flag on light volume. Watch for the descending channel for a break higher with volume.
TWC – $95.50 is gap & volume resistance. I tried this one last week but got shaken out. This week I will wait for volume confirmation before entering over $95.50. This time I will use a close under 95.50 as the stop.
BA – After a hammer on Thursday, we closed at the highs on Friday just under volume resistance and this descending trend line. Clearing resistance with volume should bring it’s first target – August highs of $75.94.
TEX – Closed over volume resistance of $24.66 and the descending trend line. I am watching this one for a continuation move higher. Stop is a close below $24.66.
APC – Watching for a move over price resistance of $76.63. Ideally, would like to see it on over 150% average daily volume. The 50ema and 200ema had a golden cross on Friday.
AVB – Watch the volume this week for a possible move over this descending trend line. If it clears the trend line on anything less than 50% average daily volume by 10:30am wait for the pullback. It closed below volume resistance of $134.34 on Friday.
LULU – Watching the descending channel. There is still an open gap at $74.20. If it clears these levels on above average volume I am looking for a first target of $77.00.
NFLX – Watching the $90.00 gap resistance level for the next leg higher. Would like to see 200%+ average daily volume on the push. Stop is a close under $89.99.
CLR – Looking for this descending channel to break to the upside with volume. Volume resistance support at $72.92.
CMI – 6 months worth of basing, CMI is coiled up and ready to explode higher if the buyers step in. Volume resistance is $101.35.
CELG – Still waiting patiently for this cup and handle breakout. Clearing $80.42 with above average volume is the buy trigger.
Come on, it’s time for something biblical,
@AffluenzaVirus
