Another quiet day for the markets, with modest activity on the Trade Ideas scan. Today's selection covered a time span of 3 minutes; slighltly slower than is typical in a strong bullish day.

Most frequent to appear was ORA, with 37 appearances over the course of today. SJM was next up at 23 appearances, while IFOX was the laggard, with only 5 hits since the day started.

Unusually, SIE and SJM are both dealing with bearish crossovers in the 20-day/50-day MAs. Although suffering some scrappy action, IDT, has had the most recent bullish cross in the 20-day/50-day MAs.

EnCana Corp. (ECA) has one of the better long term charts, with a solid base stretching over 11-months. A close over $55 would be reason enough to go long. $55.89 is the pivot buy for breakout traders. Stops can go on a loss of $52.24 or the 50-day MA (whichever is higher). Point-n-figure chart target of $71 looks reasonable, part of an ascending triple top breakout from July 31st.

Click. Work. Collect

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