NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

5 Trade Ideas For Monday: Alcoa, American Tower, Cigna, Gardner Denver And Waste

Published 10/21/2019, 12:38 AM
AA
-
CI
-
AMT
-
GDI
-
WCN
-

Alcoa (NYSE:AA)

Alcoa Corp Daily Chart

Alcoa (NYSE:AA), $AA, has been on a two year path lower with a few consolidations along the way. In October it made a higher low in this path and then started higher on big relative volume. The RSI is climbing in the bullish zone with the MACD crossed up and positive. Look for continuation to participate…..

American Tower (NYSE:AMT)

American Tower Corp Daily Chart

American Tower (NYSE:AMT), $AMT, was in a steady rising trend until it accelerated to a top in September. It pulled back from there through the 50 day SMA and has been consolidating under resistance. The RSI is rising in the bullish zone with the MACD moving higher and positive. Look for a push over resistance to participate…..

Cigna Corp (NYSE:CI)

Cigna Corp Daily Chart

Cigna (NYSE:CI), $CI, has been bouncing along forming a bottom since April. It ended last week making a higher high, a possible reversal. The RSI is rising and bullish with the MACD moving higher and positive. Look for continuation to participate…..

Gardner Denver Holdings (NYSE:GDI)

Gardner Denver Holdings Inc Daily Chart

Gardner Denver Holdings, $GDI, moved from a December low to a peak in May. It pulled back from there to a bottom in early September and bounced. Another test there and it is rising again. The RSI is rising in the bullish zone and the MACD is positive and moving up. Look for continuation to participate…..

Waste Connections (NYSE:WCN)

Waste Connections Inc Daily Chart

Waste Connections, $WCN, moved form a December low to a top in July. It pulled back from there and has been consolidating under resistance. Friday it broke through. The RSI is rising in the bullish zone with the MACD lifting and positive. Look for continuation to participate…..

Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

Original Post

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.