Divergence Watchlist 01/08/2018

Divergence Watchlist 01/08/2018: SYY, HON, CHS, ES, SGMS, BMY

SYY Chart 010618
Sysco (SYY) has stochastic divergence at the breakout point of a bull flag.
Buy: 62.00
Target: 64.00 – 66.00 (3.23% – 6.45%)
HON Chart 010618
Honeywell (HON) has stochastic divergence in a bull flag near all time highs.
Buy: 156.70
Target: 160.00 – 162.00 (2.11% – 3.38%)
CHS Chart 010618
Chico’s (CHS) has stochastic divergence on both the weekly and daily chart.
It has strong resistance at 9.75 that it needs to break through in order to make the bigger move.
Buy: 9.29
Target: 10.74 – 13.07 (15.61% – 40.69%)
ES Chart 010618
Eversource Energy (ES) has stochastic divergence at the breakout point of a falling wedge on trend line support. 200 ema touch. Reversal Candle.
Buy: 62.10
Target: 63.18 – 64.31 (1.74% – 3.56%)
SGMS Chart 010718
Scientific Games (SGMS) has stochastic divergence in a bullish flag pattern.
Buy: 52.50
Target: 54.00 – 56.00 (2.86% – 6.67%)
BMY Chart 010718
Bristol-Myers Squibb (BMY) has stochastic divergence on trend line support. This is a slow mover as it looks to breakout of the pattern.
Buy: 62.20
Target: 63.25 – 64.99 (1.69% – 4.49%)

 

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