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TXT Bull Flag and ‘Ready to Run’

Textron (TXT) hitting the ‘ready to run’ scan today with shares flagging above the 21-MA and prior breakout range. A move above $74 in focus with a breakout targeting $80 and with MACD and RSI both poised to turn higher, plenty of room for a bigger move. The weekly...

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PEP Bull Flag Setting Up

Pepsi (PEP) shares setting up for a range breakout above $158.50 and continuation of the strong, longer-term move with momentum set to shift after the recent reset. RSI is nearing a downtrend breakout and MACD also curling higher after pulling back near zero. The...

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Novavax (NVAX) major volume zone breakout

Novavax (NVAX) a strong set-up and triggering a bullish flag breakout this morning, a name seeing strong accumulation since early August. NVAX pulled back off early 2021 highs but recent momentum as a vaccine play and starting to clear a wide high volume zone of...

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SHOP Bull Flag and Squeeze Setup

Shopify (SHOP) shares flagging in a small range above VWAP from the recent lows and just below a big volume shelf at $1562. The top of monthly value sits right at the $1562 level as well.  A breakout can re-test the prior highs at $1645 and then a longer-term measured...

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Primo Water (PRMW) Strong Small Cap Weekly Set-Up

Primo Water (PRMW) an often overlooked name with a nice weekly consolidation starting to break out as MACD nears a bull cross signal. PRMW is in one of the better beverage segments with water filtration and bottled batter. The $2.8B company trades 27X Earnings, 1.4X...

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HON Bull Flag Setting Up

Honeywell (HON) consolidating in a bull flag above the 55-EMA and under its recent peak around $236.85. Shares have seen five or six narrow weekly closes and a breakout move has room to run to $250 in the short-term. HON is hitting the ‘ready to run’ scan today with...

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Avery Dennison (AVY) Weekly Bull Flag Breakout

Avery Dennison (AVY) a best-in-class Packaging play with a big weekly bull flag breakout this week that measures to a target of $275. AVY has been a strong play on its growing RFID business and warehouse automation. AVY makes pressure-sensitive materials, labels and...

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