Look at ATVI...it has divergence taking place and is primed for a breakout to the up side....I am not in it directly but through a gaming ETF called GAMR....I will be watching it
The market is down today...The S&P made a head and shoulders pattern...should come down to test the green dotted line area which is about 3600...but thats not a bad thing....it means stocks are on sale and a great time for dollar cost averaging into whatever you are investing in.....just in time for the Christmas rally!
Primed for higher levels...should fill the top gap...but has a couple of gaps below it...but it bounced back into its channel which is a good sign.
IMO Macys is still at a great price to buy....The monthly MACD is getting ready to cross and a possible sector rotation into retail...with upcoming holidays.
IF buyers step in then could break to the upside....but it also has gabs to fill below