- Charts Worth Watching: AMAT, BMY, BRK.A, CB, HOG, NBR, NSM, PII, PTEN
- Link to today's video.
- The next update will be Friday (July 17) by 7AM ET.
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Applied Materials (AMAT) broke trendline resistance with good volume.
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Bristol Meyers (BMY) firms near key retracement. Volume also surged as the stock recovered from early weakness to close strong. Look for follow through on good volume.
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Berkshire Hathaway (BRK/A) surged off triangle support. Buffet's investment in Goldman Sachs appears to be paying off handsomely. Perhaps this will trigger a breakout in his stock.
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The Cheesecake Factory (CAKE) edged higher over the last four days to stave off a support break.
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Chubb (CB) broke above triangle resistance with good volume.
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Harley Davidson (HOG) is finding support in a familiar place.
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Nabors Industries (NBR) is finding support near broken resistance. Also notice that the stock bounced on good volume in early July.
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It's time for truth or consequences as National Semiconductor (NSM) tests support from broken resistance.
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Polaris Industries (PII) surged with good volume in late June and then formed a bull flag in early July.
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Patterson Energy (PTEN) is attracting lots of volume as it surges off support around 11.5.
