Don't go aggressive on any stocks at the moment due to the face that markets are under pressure.
Keep an eye on this one you might want to establish a small position and add up if it moves up.
Check for higher than normal volume on the breakout.
Happy Trading :)
GrubHub has now formed a Handle still same procedure on the Breaking Level though, in case you miss the breakout! you can still buy if it is 5% Extended.
Happy Trading!
Just a Little Chart with some historic Facts about what has moved the vix to highs and indicating the Level we are moving in right now.
Have a good one
Thor Industries (THO) Looks technically very strong and fundamentally also.
There have been huuuuge volume Spikes which is a sign of institutions buying into this stock and they have not sold off yet unfortunately it is not the first base it is the third it has formed so there wont be to much potential upside.
Keep this in mind and buy on a break above blue line...
ICHR Looks like a very good Watchlist candidate for me as it Looks to forming sideways movement which is only Natural after a 41.84% move in 47 days ICHR immediately formed a very bullish flag Prior to it's IPO.
Keep this on you watchlist and look for any breaks and Closes above the top blue line it has top fundamentals to for instance an estimated EPS of +5000%...
GrubHub is relatively new though it can still be a big winner in 2017. Why? Because it's fundamentals are stunning and technically there is alot of potential aswell.
Also check fundamentals they are beautiful Long Level for me is the top of the base +10 Cents.
2017 Looks like a Beauty up to now have a good one !
