Tuesday February 5th watchlist
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OfficeMax Incorporated (NYSE:OMX) had a nice surge a few weeks ago and has been consolidating that move since then.
Keep an eye for a possible breakout over $11.19.
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Chipotle Mexican Grill, Inc. (NYSE:CMG) is still in its sideways range. Resistance stays at 314.99, which is the high of this range. Stop loss for long positions may be placed at $293.39. A close below this level would impart weakness in the stock. Keep a very close eye on CMG and be ready for the stock to make its move very soon.
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Sears Holdings Corporation (NASDAQ:SHLD) enjoys a strong support at the 45.39-45.82 zone. A breach of this zone would have negative implications. The near-term trend appears bullish and would remain so, as long as the stock holds above these levels. The near-term outlook will depend on the price movement in the next few days. A breakout or breakdown may happen soon.
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Las Vegas Sands Corp. (NYSE:LVS) is pulling back after recent strong move up. If it does not catch support here on its 9-day EMA, look for support at $52.22.
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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
Thanks for visiting AC Investor Blog.
AC
Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
Thanks for visiting AC Investor Blog.
AC
