Trade Nucor (NYSE: NUE) to Potentially Double Your Money in Seven Weeks
In a five month trend channel, the stochastic indicators hit their lowest level since the end of September before turning higher yesterday.
Read MoreAuthor: Rick Pendergraft, Trades Of The Day
Trading Bristol Myers Squibb (NYSE: BMY) Could Double Your Money by mid-February
The underlying stock looks primed to make another move higher.
Read MoreThis Teladoc Health (NYSE: TDOC) Trade Targets a 75% Return in Less Than Two Months
The underlying stock has been in a downtrend since August and the daily stochastic indicators were in overbought territory as it made a bearish crossover last night.
Read MoreTrade Digital Realty Trust’s (NYSE: DLR) Drop for a Potential 75% Return by mid-February
It hit resistance last week and moved sharply lower on Wednesday. Then the stochastic readings fell and made a bearish crossover on Thursday.
Read MoreTrade 21st Century Fox (Nasdaq: FOXA) to Potentially Double Your Money in Less Than Two Months
It turned higher yesterday after hitting the trend line on Tuesday. We also see that the RSI and the stochastic indicators were in or near oversold territory before turning higher yesterday.
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