Monday’s Top Stocks From TraderWire
The Nasdaq 100
(
$NDX.X |
Quote |
Chart |
News |
PowerRating) broke the trendline dating
back to July 7 as you can see on this 60-minute chart. Is a change of trend
ahead? Fibonacci retracement levels point out possible downside targets.
Copper
(
HGU05 |
Quote |
Chart |
News |
PowerRating) hit record highs today, pushing
Phelps Dodge
(
PD |
Quote |
Chart |
News |
PowerRating) within 0.32 cents of a new all-time high. Will PD be
able to break through resistance next week or form a double top?
Sandisk Corp.
(
SNDK |
Quote |
Chart |
News |
PowerRating) reported bullish Q2
earnings yesterday and the stock gapped higher today but after trading as high
as $32.84 the stock sold off and closed only $0.21 above its open forming a
shooting star. Monday’s price action could determine which way the stock is
heading over the short-term.
