🤯 Picked by our AI, this stock rallied more than Nvidia this month, yielding 94% since MarchSee the stock

6 Trade Ideas For The Coming Week

Published 08/12/2017, 04:28 PM
Updated 07/09/2023, 06:32 AM
MSFT
-
FE
-
PRGS
-
WEB
-
GTN
-
WTW
-

FirstEnergy Corp. (NYSE:FE) established tight base over the last two weeks and break of resistance in the 32.4 area could trigger new up wave.
FE Daily Chart

Gray Television Inc (NYSE:GTN) has been in consolidation last week below 14.8 resistance break of which could signal new short term momentum toward 15.80 zone.

GTN Daily Chart


Microsoft Corporation (NASDAQ:MSFT) formed large bullish flag over the last 4 weeks. Break of 20 SMA and descending trend line around 73.20, which represent resistance, could send prices back to all time highs in the 74 area.

MSFT Daily Chart


Progress Software Corporation (NASDAQ:PRGS) is approaching all time highs around 32.6 which is also horizontal resistance. Break of that area is likely new buy signal. Target in a case of confirmed breakout is 33.5-34 zone.
PRGS Daily Chart

Web.com Group Inc (NASDAQ:WEB) is in a bullish pennant pattern. Break of 23.8 could signal new wave of buying. First target is in the 24.8 area.
WEB Daily Chart


Willis Towers Watson PLC (NASDAQ:WLTW) has been consolidating over the last few weeks in a tight range below 151 resistance. Break of 151 could be new buy signal for a swing trade with target in the 153.5 area.
WLTW Daily Chart

Good trading!
Sinisa Persic, CMT

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.