ACADIA Pharma, Ticker: $ACAD
ACADIA Pharma, $ACAD, started higher in December and met resistance into April. It pulled back slightly and has consolidated there since. Friday saw it try to push over resistance with the RI rising to the bullish zone and the MACD positive and moving higher. Look for a push over resistance to participate…..
Franklin Resources, Ticker: $BEN
Franklin Resources, $BEN, finally broke out of a broad consolidation when it made a higher high in April. The pullback from there found support at the 200 day SMA and it reversed back higher. It is now approaching the April high with the RSI rising in the bullish zone and then MACD positive and moving higher. Look for a push over the April high to participate…..
Graphic Packaging, Ticker: $GPK
Graphic Packaging, $GPK, cleared a double bottom in February and then shifted to a sideways consolidation. In April it broke that to the upside and gapped up to find resistance in May. After a pullback to the 200 day SMA it reversed and ran to a higher high into June. Another pullback, to a higher low, and it reversed again. It sits at the prior high with the RSI rising in the bullish zone and the MACD crossed up and rising. Look for a new high to participate…..
Atlassian, Ticker: $TEAM
Atlassian, $TEAM, has been moving higher since October. There have been a couple of pauses and pullbacks along the way and it is consolidating in one now. The RSI is rising in the bullish zone with the MACD crossing up and positive. Look for a push up out of consolidation to participate…..
Western Union, Ticker: $WU
Western Union, $WU, started higher in December and paused as it moved into February. The price held over the 50 day SMA on a pullback and then started higher in March. It flattened out again in April and continued sideways until the beginning of June. It rose and found resistance again then pulled back to the 50 day SMA. A reversal sees it back at the prior high with the RSI rising in the bullish zone and the MACD crossed up and rising. Look for a push over resistance to participate…..
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