Alright folks, the bulls are continuing Day 2 of a most excellent and well-overdue bounce in the market.
I, personally, wouldn’t be surprised to see a move that tries to take the market back near its all-time highs. On the surface that doesn’t fit the story line of the current market, but with short interest high in this market, it won’t take much to give the bears much of a squeeze. And a run just under its all-time highs would probably be just enough to wiggle loose the grip that the bears have on their borrowed shares just before the market resumes the move back downward again.
With that said, while we wait for that scenario to unfold, let’s take a look at this week’s bullish list of trade setups that I am following.
Here’s my favorite setups heading into the week:
ABT
ADE
AEO
ALGN
ALKS
AMZN
ATVI
BCRX
BDX
BIG
BLMN
CELG
CYH
DHI
DHR
DIS
DK
EBAY
FB
FINL
FOLD
FTK
HAIN
HAS
HBI
HD
HFC
HR
HZNP
IBN
KBH
KITE
LEN
LRCX
LUK
MCO
MDLZ
MNST
MPEL
NAT
NFLX
PCAR
PHM
PKY
PSX
RCPT
ROST
SEE
SHO
STJ
STNG
SYK
TIF
TJX
TOL
TRIP
UNH
VFC
And there you have it a nice quality list of long setups you can sink your teeth into.
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