Heya!
GLM broke a quad top to 26 which is a significant break out. GLM looks good using a stop of 20. Others int hat group that look good are HAL, VRC, RON, and SLB looks good but a lot of resistance at 80/81 to get through.
Being that you mentioned some oil services stocks, might I interest you in an oil stock? CHV.
It would be very good to balance your heavy tech portfolio with oil, oil service and precious metals. Really. Now, is the time. Also, take a look at PFE, excellent.
As to the others you mentioned:
ASND: Seems to be consolidating between 33-38. Last signal was a sell signal but a move to 37 would reverse that and give a double top break. Stop is 30, violation of the bullish support line.
XYLN: I'd watch this one here. It is at the top of its trading band and has reversed to almost give a double bottom break (21).
QCOM: With the sector at 66% and the market extended, buying a stock whose RS is negative, is risky. Bottom fish kind of thing. However, it seems to be holding the support at 47 and the daily/weekly mom have turned positive. Stop of 46.
Everything good with you????
Jan I am |
