AIG, Ticker: $AIG
AIG, $AIG, broke over consolidation in April and continued to move to a top in July. It pulled back from there and began a consolidation against that high as resistance. It is back against that high with the RSI rising in the bullish zone and the MACD crossed up and positive. Look for a new high to participate…..
Alibaba, Ticker: $BABA
Alibaba, $BABA, made a high in May and then quickly reversed lower, to bottom at the end of the month. It bounce to resistance at one of the pause points from the path lower and then dropped back again. Now it has reversed and is headed back to resistance. The RSI is pressing against the edge of the bullish zone with the MACD rising and positive. Look for a push over resistance to participate…..
FMC, Ticker: $FMC
FMC, $FMC, started to move higher out of a pullback in May. It met resistance in August and pulled back to a low later in the month. Now it has reversed and is making a new high. The RSI is rising in the bullish zone with the MACD rising and positive. Look for continuation to participate…..
Sealed Air, Ticker: $SEE
Sealed Air, SEE, gapped higher in February and has done very little since. It topped in April and then pulled back to fill the gap and then bounced along support until late August. A false breakdown reversed and it is moving higher. The RSI is rising toward the bullish zone with the MACD crossed up and moving higher. Look for continuation to participate…..
Walmart, Ticker: $WMT
Walmart, WMT, has trended higher since December. It had a consolidating pullback that bottomed in August and since then it has moved back to new highs. It has an RSI rising in the bullish zone with the MACD positive and moving up. Look for a new high to participate…..
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