There are a bunch of great looking setups out there, however many of them are reporting earnings this week as my good friend Azulgrana stated inside 12631. If you missed my earnings line up this week, be sure to check it out here.
Here are three names, without earnings reports due this week, that I will be watching as we head into the new week.
First up is $FRO. Now, $GNK reports this week which could hurt or help the sector, but I will be on the lookout for a breakout this week:
Next up is a name I’ve been waiting to jump into, it more of a long term swing idea, one that my friend JakeGint would approve of. Check out $PBR here:
$PWRD, here is another name that has been on my radar for weeks. I like the consolidation after the big move on earnings, with a little strength, this one is ripe for another more higher:
Note: My full watchlist can always be found inside our trading room, 12631. Check the right sidebar inside The Pelican room.
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Funny you should mention PBR. I read an article a few days ago about a politician in Brazil complaining to the CEO that the share price had been weak and he was frustrated about it. She told him that the share price should rise in the next few months. Funny.
$FRO trying