With the 50-day moving average providing support, its chart now looks similar to a pattern developed in December when the stock made a huge move higher.
Trade Crown Castle’s (NYSE: CCI) Drop for a Potential 75% Return in 10 Weeks
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In a trend for the last seven months, its stochastic indicators were recently in overbought territory and made a bearish crossover yesterday.
This SPDR Oil & Gas ETF (NYSE: XOP) Trade Targets a Potential 100% Return in 6 Weeks
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It’s my “Option Trade of the Day”.
Trade Infosys (NYSE: INFY) to Potentially Double Your Money in 10 Weeks
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The 10-day RSI hit its lowest level since March and the stochastic indicators were in oversold territory for only the second time since last March.
Trade SPDR S&P Bank ETF (NYSE: KBE) Shares for a Potential 100% Return by mid-March
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Trending higher since late September, they just hit the lower rail and now look poised to move higher.
This Bullish TE Connectivity (NYSE: TEL) Trade Could Double Your Money in Seven Weeks
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It’s my “Option Trade of the Day”.
Trading Ingersoll Rand (NYSE: IR) Could Double Your Money in Seven Weeks
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The underlying stock just hit the lower rail of an uptrend channel that its been in for seven months. With stochastic indicators in oversold territory, look for it to double from here like it did in March.
Trade American Electric Power (NYSE: AEP) for a Potential 75% Return in Seven Weeks
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It’s my “Option Trade of the Day”.
Trade Physicians Realty Trust’s (NYSE: DOC) Drop for a 75% Return in Eight Weeks
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Range bound for the better part of the last eight months, it’s now near the upper rail and tremendously overbought.
Trade PepsiCo (NASDAQ: PEP) for a Potential 75% Return by mid-March
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Trending higher with some pretty sizable swings, it just hit the lower rail of the channel and the RSI and stochastic indicators were in oversold territory.