The broad market may be soft for another week but if I find more stocks in a similar position as JNJ I won't see a reason to join the bear camp.
Traders could probe the long side of EL on any one to two day dip or minor pullback.
More is needed than recent positive fundamental news and a bullish price gap.
Checking out the current quality of the charts of this iconic brand amid coronavirus fears.
Let's check out the charts.
Take a half position in this name and wait for the relative strength to climb back up.
Hopefully you did not get caught wrong footed on ULTA.
A look at the retailer's charts and indicators ahead of earnings.
Under CEO Fabrizio Freda, the cosmetics giant takes risks and then does the blocking and tackling needed to win in a challenging retail environment.
EOLS appears to have formed a small triangle pattern the past few weeks and a breakout is likely before reaching the apex.