Has formed a very strong base over last few months. Safe to be long here as THS tries to make new highs, do however mind the support levels at 89.50 and 87, losing those would be bad.
Northrop has been on a tear over the last 3 years as it continuously bases and and moves higher off support. Share prices has advanced since mid February, so look for a period of consolidation over $200 to provide a good entry point.
A strong earnings report has Gartner ($IT) headed towards the top of its recent range. Since November 2014, price range has mostly been between the 80-90 level, averaging 85.77. The typical momentum breakout is probably not in the cards for Gartner, as advisory services isn't a sexy industry, but it wouldn't be a surprise to see a move towards 100 over the next...
$WFM reported earnings after the bell 5/4/16 and trades down. If it falls below box and 27.50 they could be in a lot of trouble. Hope for 27.50 to hold as investors pile in seeking a value play on their restructuring and the new 365 stores. $GS still owns a sizable 7.9% stake.
$FOSL, earnings 5/10/16. Holding up well and looking strong as it bases over the gap up on prior earnings report. Declining volume on the base here is an encouraging sign. So long as the support and gap hold up, a positive earnings report could propel shares back above $50, however a miss could pressure $FOSL into the gap, if breached (sub 38), this is headed to...
Atlassian ($TEAM) a relatively recent IPO, reports it's second earnings call after the bell 5/5/16. $TEAM has been basing the last couple of months, rising in channel while volume has been decreasing, creating a solid base to move higher from. A solid earnings report should allow for movement higher.
Recent contract with Uber won't factor into revenues or EPS yet,...
Disney $DIS had held this rising trend line since October 2011 before faltering in early 2016. Disney looking to recover and re-take the upper side of this trend line. A strong move over what now serves as resistance could provide a good long term entry point. Disney, in the midst of fighting headwinds still remains one of the best plays on the strength of the...
Pepsi $PEP seems to have pushed through some overhead resistance around the 102 level after basing out since July 2014. Watch for this level to function as support. Safe to be long over 102/. #GetLong
