SPY closes at new highs Friday. Plenty of nice charts out there especially if the market continues.
Names on watch for 2/23/15:
VFC- Closed right up against resistance. Looking for a continuation over $76. Red to green move.
TRUE- Big breakdown on Friday on earnings with a weak bounce. Looking for more weakness.
DSW- Nice flag break on the daily Friday. See if it continues.
FUEL- Earnings miss on Friday. Want to see a break of $10.75 support.
NDLS- Another earnings miss. Huge sell off at end of day. Looking for a green to red move lower.
BCEI and OAS- Two oil names with nice charts in case oil moves higher.
LUV-Nice bounce on Friday. Airlines tend to run opposite of oil. So if oil goes lower we may se this one break over $45.
AMBA- Finally broke it's 3 day consolidation. Looking for a $52 break.
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