Today's Hot Topics   ▲  |  ▼

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XHB
XHB, the homebuilders ETF, is breaking in to five-year high territory after consolidating in a three-month channel.

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TOL
TOL broke out with the ETF, but still can be caught here, using the last three days’ bars as your risk/reward on a breakout above the $33.95 area.

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DHI
DHI is looking good, but yet to break out. You can use the last three bars as the risk/reward on a breakout above the $20.80 area.

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CF
CF is getting squeezed between its 200ma and the down sloping trendline. The chart looks pretty good as it is less than 3% below all-time highs.

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POT
As I have said before, POT sucks. I hate trading that stock. But…it does look like it might be breaking a year-long downtrend. If it does, it will need some sideways work, but keep an eye on it this year.

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MU
MU looked like it was ready to go back in August, but it failed. Since then it has tested the breakout around $7.00 twice more for a total of four times. A couple of days of sideways action would set up a good risk/reward trade here.

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AMZN
Don’t look now but AMZN is near all-time highs. A couple of days’ consolidation in the indicated box would set up a sweet trade.

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FB
There are A LOT of bag holders in this stock. Having said that, the $28.90 break in FB could send the stock racing higher.

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DXCM
DXCM is looking nice here.

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STMP
After gapping up, STMP is forming a progressively more narrow range above its 20/50/200 ma. Watch for a break above $26.40.

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ZNGA
For bottom pickers, ZNGA is giving you probably the best risk/reward this dog has ever had on a break above $2.75. Arf! Arf!

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LVS
Since I first highlighted it in early August, LVS has grinded higher, providing numerous trading opportunities along the way. I wouldn’t chase here, but a successful re-test of the recent breakout level would be a buy.

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FIO
Yeah, I know Steve Wozniak is somehow associated with this company. No matter, FIO looks like a short on a break below the trendline.

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FIRE
Don’t know what FIRE does, but the chart looks like it is rolling over here and a short below the trendline.

By Brian Lund of BCLund.com