JNJ pulling back from it's high of 137 but still in a nice uptrend. Buying the $131 level. looks to have good support there and offers good risk/reward to trade against.
Entry: $ 131.00
Zillow in an uptrend on the daily chart but has recently pulled back from its highs and is testing potential support at $45 level. Trade offers good risk/Reward at these prices
Target 1: $48
Target 2: $52
Buying some BRKS on this pullback, should be an exhaustion of sellers at this level and buyers should regain control here. Trade has good risk vs. reward.
Target 1: $26.25
Target 2: $31
PayPal in a strong uptrend but recently has pulled back from its 52 wk high at 55.14. Level highlighted in yellow should offer support and the r/r on the trade looks worth it.
Stop Loss: $50.49
Target 1: 53.50
Target 2: $56
CERN pulling back from 52wk high. Level on the chart looks like a good area of support to start a long position. Not only does this level have trendline support but it's also at former resistance.
MZOR has shown relentless momentum all yr but has pulled back from it's highs in recent weeks. Starting a position on todays weakness at the level highlighted on the chart. Trade offers good risk vs reward at these levels.
Target 1: $34
Within the last few days SBUX has come off it's all time high made 6/5. Stock is in a strong uptrend and IMO would be a good buy at support level highlighted in yellow.
Target 1: $64
HUN has been showing strong momentum recently but has pulled back sharply in the last couple trading sessions. Sellers should be exhausted at this level and i expect price to see some support here. Use a stop to control risk!
Target 1: $27
Buying the pullback here to this nice demand zone (highlighted in yellow) which should act as support here. The level also happens to be at former resistance which should now give the level further support. Use the entry, stop and target prices below to control your risk vs. reward on this trade.
Buying the pullback here in GS. Looks like an exhaustion of sellers is likely at this level, should cause a price to pivot here IMHO.
Target 1: $256
Stop Loss: $240.99
Reward to risk ~ 4:1