It had great buying volume, again. If the 20-day MA curves up tomorrow and stays above the 30-day MA without crossing it, it would be a very bullish sign; and, the momentum might pick up even more!ATI has been fighting this resistance at 109.4 for a few days. But, RTI made a new 52-wk high today, and most other metal stocks did well also.
ATI needs to break above that resistance at 139.4 and catch the upper BB. I think it should be ATI's turn to break out soon!SHLD has been running well for over a week. Today, it caught up with the upper BB.
It's MAs are curving up nicely and the MACD, too! It is in a good position to continue higher and push open the upper BB and ride it up!
We're seeing many stocks getting ready to break out and CTSH is another one! 
Similar story: it closed right at resistance and has caught the upper BB. Nice MA, MACD, and buying volume. Ready to break out!
The casino group (LVS/WYNN/MGM) are ready to run also. Their charts are similar. I'm using LVS as a representative for the group
LVS squeezed out a "green" day today and closed above the resistance. The upper BB is already turning up. If LVS catches its upper BB, which is very close, it should create momentum to break out higher.
No comments:
Post a Comment