American Tower, Ticker: AMT
American Tower (NYSE:AMT), is turning back higher after a pullback from just short of 100. The turn establishes an AB=CD pattern with a target of 112. The MACD is about to cross up and the RSI is starting back higher.
Conagra, Ticker: CAG
Conagra (NYSE:CAG), topped with a ‘W’ 2 weeks ago and pulled back. But last week it printed a hammer reversal candle Thursday and confirmed it higher Friday with a move out of a bull flag. The RSI is moving back higher after holding at the mid line and the MACD has leveled and is turning up.
Cigna, Ticker: CI
Cigna (NYSE:CI) made a double bottom at 88, just above the 200 day SMA. The reversal higher Friday confirmed the Hammer candle Thursday and came on strong volume. The RSI is moving back higher and the MACD is leveling, halting the decline.
Skyworks Solutions, Ticker: SWKS
Skyworks Solutions (NASDAQ:SWKS) has trended higher since November. The pullback last week touched the 50 day SMA and found support, with Friday’s move confirming the Hammer reversal candle higher. The RSI is moving back higher but the MACD is falling hard.
Weyerhaeuser, Ticker: WY
Weyerhaeuser (NYSE:WY) made a short term double bottom over 31.50 last week. Friday’s move higher is over the short term resistance as the RSI is moving back up and the MACD is about to cross up.