Here are a few stocks in the IBD 100 that are near their breakout areas.
CAT tested support and bounced higher today.
CHE looks like it wants to hold above the previous channel.
HITT is pretty volatile but has held above my previous resistance line. Still some overhead supply though.
ERS has been getting good support near the breakout area.
WCC pulled back and looks like it may get a bounce here.
PTRY has been trading a very tight range the past few weeks. Starting to move up a little, so I am keeping an eye on it.
DRQ is technically a former IBD 100 stock and the chart is not as healthy as the ones above. Still, it looks like it may break out of this contracting triangle.
Thats it for tonight as I am celebrating my birthday. Good Luck,
DT
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Happy B-day
Happy Birthday DT!
You have an interesting horoscope. I especially like the last line - "big pay day is coming soon".
Thank you both.