Assuming AVGO trades sideways for a bit, traders could use that consolidation to go long.
Let's review the charts and indicators of SWKS.
Here's how to play UPS right now.
What stands out is the multiple bearish indicators and price action.
Just as the February highs near 3,400 were exuberant the March lows near 2,200 were irrationally pricing in a near worst-case-scenario on the virus front.
'The crowd' remains nervous and skeptical of recent gains.
Traders could probe the long side of EL on any one to two day dip or minor pullback.
You can't rush drugs to market and you can't rush a market bottom.
If you're paying close attention to the news, you're probably too scared to buy. However, the charts are telling a different story.
Traders could probe the long side of CRM at current levels.