McDonald’s Corporation (MCD) approaching all time high at 160 which if broken could accelerate prices toward 163 in the short term period.
Perrigo Company plc (PRGO) is consolidating in a bullish pennant formation after a big gap up Aug 10th from 64 to 80. A move above the top of the pennant at 80 would lead to new up wave.
Teradyne, Inc. (TER) is in a 3 week long ascending triangle converging on the 35 area. A break should take it to July high around 37 area.
Perrigo Company plc (PRGO) is consolidating in a bullish flag after a big gap up on Aug 8th from 64 to 75 area. A move above the top of the flag would lead to new momentum.
Teradyne, Inc. (TER) which is nearing the top of its four-week consolidation could see higher prices on a break fo 35.00 with next targets at 37.00.
T-Mobile US, Inc. (TMUS) – has been in an two-month up channel and is approaching important resistance. The stock recently formed triangle pattern, with higher lows narrowing toward 64.5 area. A move above that would signal a breakout.
XPO Logistics, Inc. (XPO) broke above the resistance of the bearish channel thus confirming new momentum which has potential to send prices toward 60-62 area within the next few trading days.
After a strong move during July, Glu Mobile Inc. (GLUU) has been in consolidation over the last two weeks and during that period established technical resistance at 3.20 a break of which is likely to trigger new short term momentum with target in the 3.60 area.
Sprouts Farmers Market, Inc. (SFM) is in a bullish consolidation pattern which takes the form of a rising triangle. Break above 24.7 could lead to new up wave with target in the 26.4 area.
Stone Energy Corporation (SGY) broke out of a bullish flag on Friday and is looking to advance toward the 29 area in the next few trading days.
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