Look For Financial Select Sector SPDR Fund (NYSE: XLF) to Make Another Big Move to the Upside
Trending higher since October, the stochastic indicators are in oversold territory and made a bullish crossover last night.
Read MoreAuthor: Rick Pendergraft, Trades Of The Day
Look for Freeport-McMoRan (NYSE: FCX) to Rally Sharply From Here
Trending higher over the last nine months, it’s at the lower rail of a well-defined up channel.
Read MoreTrade Exact Sciences’ (NASDAQ: EXAS) Drop to Potentially Double Your Money in One Month
Trending lower over the last four months, it’s now overbought based on both the RSI and the stochastic indicators with the latter making a bearish crossover last night.
Read MoreTrade the Bounce in Ball Corp. (NYSE: BLL) to Potentially Double Your Money in Two Months
With the weekly stochastic indicators hitting oversold territory and the $80 level now acting as support, it looks ready to rally.
Read MoreTrade Barrick Gold (NYSE: GOLD) to Potentially Double Your Money by mid-August
Its trend channel is tight and the risk/reward relationship makes sense as the stochastic indicators made a bullish crossover last night.
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