There are 3 tickers that came to my list from a bullishness perspective. This technical analsysis is simply based on simple support/resistance model. Therefore you may wanna run your own detailed analysis.
ESRX :
I mentioned this one on the forum (click here). The stock is trying to cross through major resistance area $95-$97 and yesterday it closed at $98. IN my opinion, it is testing waters to either break-out from here or break down. It may also move sideways for a while. I am cautiously biased. Check out to review how it fits to your trading style.
HCR:
It is trying to break $68 level. It is also a subject of takeover chatter. It also has pretty nice uptrending chart for over 1 year timeframe. This can also be played either straight calls or via bullish spread to minimize risk.
BA:
The boeing company is going skypast $95-$96 level. Assuming it can sustain that level by the close, we have pretty good chances that BA will be a break-out play here.
These are just some of the trading ideas, not the recommendations.
Profitable trading, OptionPundit
BA, Daily Report, ESRX, HCR, option pundit, option trading, stock option tradingOptionPundit© (OP) is designed for novice as well as serious option traders. It is a stock & option trading blogsite that is dedicated to the following objectives: read more ⇒
Double Boeing Diagonal | OptionPundit
May 29th, 2007 at 9:35 am
[...] Boeing (BA) recently broke-out (I mentioned the bullish set-up) and I am looking for a income trade that can benefit from new base as well as benefit from the upward movement. [...]