Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

3 Trade Ideas For Wednesday, 16th Aug

Published 08/16/2017, 12:21 AM
Updated 07/09/2023, 06:32 AM

Here are three stocks which has potential to advance higher within the next few trading days.

Anthem Inc (NYSE:ANTM), is consolidating below descending trend line(resistance) break of which could lead to new up momentum, target 198-201 range.
Anthem Chart

The Coca-Cola Company (NYSE:KO), broke today lateral resistance in the 46 area and closed at the highest price since April of 2016 thus confirming start of a new momentum with target in the 47 zone.
Coca-Cola Chart

PPL Corporation (NYSE:PPL), broke out of a bullish flag today and is likely to advance toward 39.5-40 area over the short term period (1-2 weeks).
PPL Corporation Chart

Latest comments

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.