Its pattern is about as clean as I’ve seen.
This Automatic Data Processing (NASDAQ: ADP) Trade Could Double Your Money by mid-June
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•The underlying stock has good fundamentals and has bounced off the lower rail of a trend channel that has formed over the last four months.
Trade Ctrip.com’s (NASDAQ: TCOM) Drop for a Potential 100% Return in Seven Weeks
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•In a downwardly sloped trend channel, the stock just hit the upper rail and both the RSI and the stochastic indicators turned lower last week.
Trade Albertsons’ (NYSE: ACI) Bounce for a Potential 100% Return in Seven Weeks
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•The stochastic indicators made a bullish crossover last night which should help it make its next move higher.
Trade NIO (NYSE: NIO) to Potentially Double Your Money in Seven Weeks
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•It’s my “Option Trade of the Day”.
Exelixis (NASDAQ: EXEL) Looks Due for a Downturn
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•Yesterday, the stochastic indicators performed a bearish crossover and the RSI dropped out of overbought territory. The last few times we have seen this setup, the stock dropped in the weeks that followed.
Trade EOG Resources (NYSE: EOG) to Potentially Double Your Money by mid-June
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•It just hit the lower rail of its trend channel and looks primed for its next move higher.
This Amkor (NASDAQ: AMKR) Trade Could Double Your Money in Eight Weeks
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•The underlying stock has been trending higher for quite some time now and in similar setups in late January and early March, when it jumped rather sharply in the ensuing weeks.
Trade State Street’s (NYSE: STT) Rally to Potentially Double Your Money by mid-June
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•Trending higher over the last six months, the stock is in oversold territory and made a bullish crossover last night.
This Bullish American Airlines (NASDAQ: AAL) Trade Could Double Your Money by mid-June
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•The underlying stock just hit the lower rail of of a six month trend channel and the stochastic indicators made a bullish crossover while in oversold territory.