The Late Show

MCD & BUD remain the features in Food & Beverage.

GIMO..Gigamon is putting in a bottoming pattern

PCLN is putting in an ORH week. Put this on your radar on a 15 dollar pullback.
I’m told the options are a mile wide. If you’re rich enough you can buy a share.
ULTA is holding above its 200DMA @ 270.60 which defines the downside.

281.50 is first resistance.

AVGO…is following through higher after yesterday’s ORH.
239.84 was the reversal low it broke from. Sustaining and closing above this level
is price positive for another $10 move.

 

BG...Bunge is the Ag name that is responding best to the Grain rally.

Gold has broken far enough for today.
This entry was posted in Archive and tagged , , , , , , , . Bookmark the permalink.