Looking over the charts and indicators for Rite Aid Corp. (RAD) tells me that stock is ready for an upside breakout. Let's visit with the charts of the largest drugstore chain on the East Coast.
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When a speculative frenzy involving one set of companies ends, cheaper peers usually aren't unscathed in the ensuing selloff.
The week saw some of the best rotational action out of leadership names that I can ever recall seeing.
Let's check out the charts of this semiconductor stock.
I'm not bearish PENN in the long-term, but shares are trading 50% above their 50-day simple moving average.