Trade Ideas: WEC, FCBP, NGPS, RTEC, IDA, ADS, ELON, APH
Excellent breadth in the market with today's 8 stocks covering less than a minute of the Trade Ideas scan time. The only stock to make a repeat appearance was NGPS, when it appeared twice.
ADS is perhaps the most interesting on a risk:reward basis given a stop can be placed on a loss of $52.77. The big April surge has held up well after weeks of selling. Point-n-figure chart of $99 is ambitious, a measured move to $78 is more probable.
Other than ELON, these are all 'high' priced stocks; new market leaders emerging?
Trade Ideas
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ADS is perhaps the most interesting on a risk:reward basis given a stop can be placed on a loss of $52.77. The big April surge has held up well after weeks of selling. Point-n-figure chart of $99 is ambitious, a measured move to $78 is more probable.
Other than ELON, these are all 'high' priced stocks; new market leaders emerging?
Trade Ideas
If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.