Momentum Stock Alert for Aug 1st

Kratos Defense & Security Solutions, Inc. (KTOS) broke trend line thus confirming technical reversal of the short term trend from bearish to bullish. Target in the 16-16.5 area.

Fastenal Company (FAST) broke descending trendline and confirmed trend reversal…

NIKE, Inc. (NKE) bounced from new higher low — momentum likely to continue and break previous high at 112.5….

General Motors Company (GM) broke horizontal resistance at 35 area and confirmed reversal

Starbucks Corporation (SBUX) understrong momentum likely to set new high in the 87-88 area
View, Inc. (VIEW) broke out of 2 month long triangle and trigger new momentum
Shake Shack Inc. (SHAK) broke horizontal resistance and confirmed reversal
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