Divergence Watchlist 01/08/2018: SYY, HON, CHS, ES, SGMS, BMY
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%)
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%)
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%)
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%)
Scientific Games (SGMS) has stochastic divergence in a bullish flag pattern. Buy: 52.50 Target: 54.00 – 56.00 (2.86% – 6.67%)
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%)
Check out last week’s Divergence Watchlist.
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