Watchlist

Going through my charts tonight, I must say that I am impressed with the recent action in the financials. $GS may be breaking out here, $WFC looks great, and $SUSQ has my eye.

The $IYR is also on the verge of a major breakout. Take a look at the daily chart here:

It’s possible we could see a plethora of breakouts this week, but then again, earnings season is upon us so we need to be careful for landmines.

Here are a few individual names on my radar here:

$OPEN, still like this one, and still long. Looking for a move off the bottom of this range:

$BIDU, on strength, I like the spot in $BIDU here with a stop right under the recent low:

Same thing goes for $LULU, on strength, I like the location here to try a swing long. Stop under the recent low:

If we see the Ags move, I like $POT right here above the 200 day MA, and $IPI if it can trade above the 200 day MA:

$POT:

$IPI:

$REXX, Watch for a breakout here, I’m a buyer above Friday’s high:

Also like the spot in $UPL, stop under the 100 day MA:

And, if the solar see some action, look no further than $WFR. Stop under the 50 day MA:

 

 

If you enjoy the content at iBankCoin, please follow us on Twitter