Charts Of Interest – $DAL, $SRCL, $BBY, $PPFT

By | October 1, 2019

The weekly chart of Proofpoint (PFPT) shows several attempts over the last two years to break above the $130 level. Another attempt is underway. Watch for a confirmed breakout which could potentially be the start of a new bull phase.

Shares of Delta Airlines (DAL) have been declining since August this year. More recently they have paused and gone through a consolidation. The stock looks like it is ready to breakdown and out of that consilidation range. It could be the start of a new down leg .

Best Buy (BBY) shares have also been consolidating this month but they look prepared to breakout. An upper candle close above $69 would be confirmation.

Stericycle (SRCL) had a big day on Monday, up over 3.5%. It looks like the stock has broken out of a bullish flag-like pattern. With an overhead gap that needs to be filled, Stericycle looks like a long candidate.

Remember, maintain those stops because capital preservation is job one.

2 thoughts on “Charts Of Interest – $DAL, $SRCL, $BBY, $PPFT

    1. Rob Moreno Post author

      I do not have a newsletter or paid content at this time. Have been getting a lot of requests for that and if I do start such a service, I’ll let you know. Thanks for following!

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