|Day Low/High||87.32 / 88.88|
|52 Wk Low/High||51.51 / 225.10|
EW's charts are constructive, but prices need to push up into resistance to signal that a breakout is possible.
If you are not already long EW or just want to add to longs you should use any minor intraday dip today or tomorrow to buy.
EW has had some corrections and pullbacks along the way during this long and strong rally from $80 to nearly $200, but its price target is $240.
Straying from these names could land you in quicksand as the 4th quarter begins.
When chartists look for the next market leaders they often go to stocks that have held up the best during corrections.
The crash of oil will only accelerate the move.
These well-known names are showing signs of either bullish or bearish reversal patterns.
Don't worry about missing anything, we haven't solved the bond conundrum and the evidence says we get to 3% with selloffs on the way.
However, more consolidation may be needed before the uptrend resumes.
Still, volume and positive money flow will need to improve to sustain a breakout move in the name.
These stocks are down some 20% over the last 30 months and look ripe for a rise.
Here's a window into what institutional investors may be doing and how to profit from that.
But several airline and retail stocks are proving highly volatile.
Forget about P/E ratios; 'cheap' stocks are cheap for a reason.
These are my top fall-and-rise stories for the 10 days leading up to and immediately following next week's Federal Reserve meeting.
Overall market and industry action could determine EW's next course.
Oil began to rebound Wednesday from steep declines earlier this week.