In Best Stock Charts This Week I discuss stocks with high probability set ups on the charts using technical analysis. Strong continuation breakout set ups and extreme contrarian trades are analyzed as well. The extreme trades we leverage the ADX indicator, relative strength indicator and the Bollinger Bands to determine the best candidates to either sell short or to buy in anticipation of a short covering rally.
The stocks discussed are listed in the order below.
Best Stocks Discussed • Live Nation Entertainment (LYV) • Nektar Therapeutics (NKTR) • Healthcare Select SPDR Fund (XLV) • IShares Canada MSCI ETF (EWC) • IShares Spain ETF MSCI (EWP) • IShares Indoinesia MSCI (EIDO • Facebook (FB) • Tech Data Corp. (TECD) • Halcon Resources Corp (HK) • Alphabet (GOOGL) • Luminex (LMNX) • Direxion Daily S&P Bitotech Bull 3x ETF (LABU) • Kansas City Southern (KSU) • Southern Copper (SCCO) • Celanese (CE) • Lear Corp (LEA) • Gupo Televisa (TV)
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