$SHW appears to be breaking out of a long term bull flag Medium term target $421 possible by mid-July ER Longer term target $435 (retest of ATH) by Sept-Oct Idea credit to Adam Miller ( @SupplyTractor ) for directing me to this stock
$HUM Humana broke previous ATH / resistance of $300 earlier today. After what appears to be a successful retest of support, the stock looks ready to continue higher in the near term. Assuming a close >$300 today, price target of $320 by July is possible.
$NEM Newmont Mining ascending triangle forming, appears to be holding lower support line / 200d ema line. Expecting a bounce within triangle imminently. Medium term target of $42 by mid to late July. Assuming a positive earnings report in late July and eventual break through $42 resistance, longer term target $46.
$MCD Overbought at resistance after announcement yesterday of corporate labor cuts. Assuming 171.10 resistance holds by close today, expecting a retracement back to atleast 167.00-168.00 level by the end of next week. Ideally would like to see a close today at or below 171.10.
$COUP Overbought - losing momentum at 2.618 Fibonacci line. Expecting a correction into the mid 50s near term.
$HD Home Depot closed just above C&H resistance. Expecting follow through into the 2nd half of this week. See chart for medium term targets. Note: Hurricane season has begun
$IQ Tightly Coiled - expecting another strong move this week. Most likely to the upside, target mid-30s.
$WIX Breaking out of ascending triangle Target $100+ near term
$ISRG Bullish Ascending Triangle - plenty of upside possible within upper channel limits. 535 possible in the medium-term. Monitor for strong break through 471.50 area.
$FIZZ broke through the 200d ema on strong volume yesterday followed by what appears to be a successful retest today. See upside to 100 in the near term if 200d holds as support. If it can go on to break through the downtrend line, we'll see $110 easily before next ER.
$FDX FedEx Long Term Ascending Triangle - watch for move back to and break through 255.50 resistance.
$DPZ tagged lower support of long term uptrend channel today. Expecting a bounce in the near term.
$DO Bouncing Off Long Term Support
$DNKN Oversold Holding Support - expecting a bounce in the near term
$DIS Oversold at Support - expecting a short term bounce
$DE Possible Bull Flag - monitor for close above upper limit then break through 5/21 high around $161.25
Twitter broke through ~$34 resistance briefly today only to close at resistance. Accumulation appears to have flat-lined in this most recent move back to $34. Expecting resistance to hold and retrace 5-10% in the near term. Note: A close above resistance on strong volume this week would negate this analysis. Informational only, not investment advice.
$AAOI Possible inverse H&S pattern forming. 50d EMA trending upward. Volume picking up. Watch for strong break through 35.00 level in the near term. Targeting mid-40s in the medium term. Breaching the 200d ema on the daily and 37.50 resistance will be key.