Buy: 40.40 Target: 42.00 - 44.60 (3.96% - 10.40%)
Buy: 18.25 Target: 18.77 - 19.62 (2.85% - 7.51%)
The Medicines Company broke out in a big way last month on heavy volume, sending prices up 40% from the lows. It has held on well over the last few weeks and pulled back 15% on a back test of support. On the left is the weekly chart. The stochastic 9,3 is a textbook divergence that is playing out and still has some upside. For a longer term swing trade you can...
Buy: 21.45 Target: 22.61 - 25.46 (5.41% - 18.7%)
Facebook is at the break down point of a rising wedge with bearish stochastic divergence on both the daily and weekly charts. Short: 177.17 Target: 171.56 - 165.95
Buy: 18.51 Target: 18.89 - 19.51 (2.05% - 5.40%)
Buy: 19.00 Target: 19.50 - 20.00 (2.63% - 5.26%)
Buy: 27.60 Target: 28.00 - 28.59 Stop: 27.00
Buy: 16.50 Target: 17.00 - 17.50 (3.03% - 6.06%)
Buy: 64.00 Target: 66.27 - 70.09 (3.55% - 9.52%)
Dual stochastic bear flag. Look for a touch of the 20 or 50 ema near the fib line then a move down.