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McKesson (MCK) Inside Day Near New Highs

McKesson (MCK) a relative strength name sitting just shy of new 52-weeks and putting in back-to-back inside days this week. A move above $334.15 can trigger a nice multi-week breakout and target up to $365. MCK is trading above the 8- and 21-EMA and momentum starting...

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Exxon (XOM) Multi-Week Bull Flag

Exxon Mobil (XOM) shares setting up below the $89/$90 range and a potential multi-week breakout after pulling back to the 55-EMA and bouncing. A breakout move has room to $100 and plenty of room to run with momentum starting to inflect higher while remaining in a...

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World Wrestling (WWE) Bull Flag Back at 55-EMA

World Wrestling (WWE) in a strong trend higher since earnings in January and pulling back this week to the 55-EMA and monthly VPOC.  Shares are in a bullish flag under $61.50 and a breakout move has room to run to $68-$70 and continuation of the bigger move. WWE is...

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Grocery Outlet (GO) Pullback in a Strong Trend

Grocery Outlet (GO) shares in a strong trend higher and pulling back to the 55-EMA and top of April value. Shares are also holding just above VWAP from the February swing low that kicked off the recent run higher. A move back above $33 targets a breakout up to $36 and...

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AbbVie (ABBV) Pullback to the 55-MA

AbbVie (ABBV) with shares pulling back to the 55-EMA last week and basing in a multi-day range, relative strength over the last six months and one of the better-looking overall charts right now. The 8- and 21-EMA are remittance above but through 160.50 sets up for a...

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Alnylam (ALNY) Near Range Breakout

Alnylam (ALNY) shares closing strong on Wednesday after trading just outside of April value and nearing a multi-week breakout above $170. ALNY has been in a narrow range since mid-February and a breakout move could gain some momentum with upside to $185 and then $200.

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