Charts Posted – Fri 2/8
Below is a list of charts with notes I posted to the stream (chronological order) during market hours on Friday 2/8 (except for INTU & JCI posted pre-market). You can also see these on my profile at Chartpin.
1) INTU - at an important level, looks vulnerable, lagging RS & lg selling volume, earnings Feb 21 AMC
2) JCI - weakening industry/mkt performer, hit on earnings, closes below lows of >Avg volume up days on >Avg volume
3) GES - big gap above 28, inverse H&S pattern, >14% short float
4) MCD - like the reaction/volume as it came back & tested 94 y’day, moving >y’days high today
5) PPO - nice high volume bounce off 200sma, earnings 2/20 AMC, 30.8% short float w/30.6 days to cover
6) MCRS - like the volume pattern and prior 2 days action w/today confirming
7) DLX - nice volume pattern off earnings w/follow thru, low volume pullback to 10ema
8) VCI - hitting 52 wk highs & 27% short float w/28 days to cover
9) PKD - nice b/o of range here
10) UNFI - liking todays move w/intraday volume supporting b/o’s; recently broke long-term TL


