Here are a few setups to keep your eyes on….
$JCP is a stock I would not normally pay attention to but @The_Real_Fly mentioned it and he is usually right (but early) on these types of things. There is a divergence in the MACD and CCI so something might be brewing.
Coal stocks like $PCX and $JRCC have been strong lately but an inverted red hammer and a tweezer top on the daily that closed below the 50ma may signal a potential short day trade opportunity in $ACI.
$CMG has seen extreme volume dry up on this little flag after breaking support. A case could be made for a short below $378.00.
We have a nice long base, with the MACD crossing up now. Watch for a breakout in $PATK.
Three tries to break this resistance level on $MHR, the fourth might be the charm. A break over the 50ma gets it moving.
$MCP is everybody’s favorite rare earth play. It has tested resistance four times at this level, a break over $23.25 and this could run.
Watch for “squeeze” between the 20/50ma and a break over $4.75.
Keep and eye out for a break over $4.80 in $KITD.
Weak chart for a company with no real quality products. Cash reserves are low and no brand recognition among consumers. See chart for easy money short target in $AAPL.