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I don’t get my jollies out of bullish charts, but, hey, when in Rome……..
Below are ten of my favorite long-term bullish ideas. As always, click on any one for a huge version, and use the arrows on the chart to thumb through the entire gallery. I have an exciting new product announcement, so be sure to tune in Sunday here on Slope.
These three health and technology stocks are on the move and pointing higher.
Advanced Micro Devices, Inc. (AMD), one of our swing trade picks from two weeks ago when it was at $33.60, jumped 81 cents to $37.52 on 67 million shares Wednesday. On Tuesday, the chip maker announced Tencent will use its latest server processors. The stock has been in a steep rising channel since its recent low below $28 in early October. Next target is the rising channel top near $40.
(more…)Looks to me like if we ever weaken on the SPY again, there’s ungodly support at the 200-day exponential moving average.
Inogen, Inc. (INGN) has been up by as much as 20% today after releasing better-than-expected earnings and revenues. The medical technology company, which makes portable oxygen concentrators, is one of our top stocks to watch in our Charts of the Day video from last night.
The stock began breaking out of a 2-month base in mid-October, up from the $45 range, and, with Tuesday’s pop of $1.62 to $59.32 and after-hours move into the mid-$60’s, appeared poised to accelerate. Our target, as noted in the video, is the June high in $73-$75 range.
(more…)This has been beaten down for years; perhaps a dead cat bounce is in the cards?
