What stocks are on your radar for next week?

Was looking at POST, recent break out of a 2 year trading range and a rather generous point & figure target.... Then i ran across this.. Checked out several news articles on this issue, and POST brands weren't listed in any

https://www.fool.com/investing/2018/08/16/claims-of-herbicide-in-cereal-are-back-in-the-news.aspx

 

Retail making a come back, and KSS seems to be a leader of the pack

Max monthly chart.. That's a monster of a trading range.. Took a lot of cheezmo to break that $79 level.... Idk, epic trade or epic flop

Also, Kohls was nutty enough to give ME a credit card a few weeks ago when I got my kids school clothes.. Nobody does that.. Idk what they're up to, but ima get me some jeans before they change their mind

 

Rationally speaking I’m not putting all my ducks in retail considering, the tax free weekend is over, school has started with this being said I’m afraid that sectors jump will die off.

 

Yep, it has doubled in the previous year, so it seems like it should rest even retrace some but I think @Jrich is looking at the bigger picture here since he is showing a monthly chart going back to the 1990s. The price broke out of a trading range that began over 16 years ago in May 2002. As he said that took some "cheezmo". Also, retail stocks do well in the last stages of a bull market cycle. The economic cycle is hot, everybody's hiring and everybody's already working. I'm thinking any dip against that strong uptrend should be bought. But I think I'll wait to see the monthly close.

It is currently paying a 3% dividend. They beat earnings. Are they raising the dividend? That could be a catalyst for mark-up.

 

Hey what are you smoking? The last earnings estimate was to lose 13 cents. They actually lost 40 cents. Doobius indeed. Thinking about buying the next close under that 5-day MA. Enuf cause built for move to $91.

 

How's about a $1 stock?
EGO, the monthly chart shows the history of this stock


So this thing is at an all-time low in price. And macd is showing a decrease in downward momentum, which points to this not going much lower; as a matter of fact for months price has been going lower while negative momentum has been decreasing. So this may have gone too far down already. Maybe.

 

That last spring is a near 2 year long trading range in itself, with a target $144-$149... I can't even get the tradingview chart to go back far enough to count the larger range

Im not in the trade yet.. Im treating it just like a project around the house, i have to drink a few beers and stare at it for a while first

 

Still watching KSS, really close to pulling the trigger on that one.... New on the radar is ROKU

The loose, sloppy trading range, big volume on rallies and lower volume on corrections makes me think aggressive accumulation.. And the change of character leading out of the range with much smaller corrections seems to confirm it

I guess Amazon is butting into this space too with their own free streaming whatever.. Roku pulled back 7% on the news, conveniently right down to the axis line formed by the previous high... If it holds the line, there could be loads of upside here

 

Still got EGO on my radar, now down to 97 cents and the bottom Bollinger band is less than a 7% loss right now. Friday was increased volume on a red day and held up well.


I think this may be a down month, so got an eye on CENT to the down side. It's had a great run, maybe it can pull back.


ESRX looks good. Health care stocks (CNC, MOH) have been strong, this one has good fundamentals.


TGT has been strong since it was $70 in mid-May. Up 25% in ~3 months. Keep an eye on WMT in conjunction, which has a declining tops resistance to deal with. If WMT can make it thru that, TGT could keep running.

 

I'm adding DAQO New Energy (DQ) to my list of potential shorts. Point and Figure counts suggest this could drop to zero...I'll just say it could drop a lot.

 

ABMD making lower highs

 

SC, been consolidating for about a month

It's got support, looking for it to break above $22 to make a decisive move above $18.50

 

CPB looks like it found a solid bottom

 

MEIP - weekly chart to see the gap goes up to ~6.00. Currently 4.41, pulled back from 5.14 (and held 4.00 strongly).