Tuesday, November 24, 2020

XOP S&P Oil & Gas Expl & Prod SPDR

 

XOP The oil and gas sector is showing sings of a turn around, but short term it may be a little over extended. Lots of stocks that are very undervalued long term.

GFF21 Feeder Cattle Jan '21

 

Feeder Cattle pulled back 50% from it's advance and may want to move back higher to continue the bull move, the RSI is confirming.

GCZ20 Gold Dec '20

 

GCZ20 Gold just broke below strong support at $1850, lots of damage in this chart. Similar patterns and damage in the gold stocks.

Monday, November 23, 2020

RXT Rackspace Technology Inc

 

RXT formed what may be a triple bottom around $15.50, moving averages and RSI are showing signs it wants to move higher, 9 analysts have a BUY rating with targets from $23-$29.

LEGN Legend Biotech Corp ADR

 

LEGN forming a bottom with moving averages and RSI turning bullish. 3 analysts rate it a buy with targets of $47-$55.

SUMO Sumo Logic Inc

 

SUMO wants to break the resistance level, moving averages and RSI confirming a new bullish trend.