Hello trader I'm so relieved that I can run my blog again (my server crashed several days ago). US stock market goes higher today because of upbeat reports on retail sales, business inventories and wholesale prices. Okay let's go to our hot stocks for today.
I have to go study now because I have an exam, so I apologize for not giving you any chart today.
The first stock is CR Bard Inc (NYSE:BCR). The stock price breaks its cup without handle and bullish price channel's resistance, makes its new 52 weeks high with high volume today. The MACD's fast line also crosses above the slow line and the histogram goes up too.
The second stock is Emergency Medical Services Corp (NYSE:EMS) which breaks its inverse head and shoulder neckline, makes its new 52 weeks high and goes higher with huge volume. The 20 days moving average is also ready to cross above the 50 and 200 days moving average. This indicates that the stock would go higher for mid term.
Okay I have to go now, I will be back to give you more technical analysis and share my trading experience.
Source: Protege Analytics