I was going through my scans earlier this morning and came across a bunch of setups I like. Thanks to the consolidation in the markets the entire last week, there are enough of these charts that I like out there that I have to present them in two posts. All these stocks are within 0-5% of their 52 week highs, so they should have room to run if they break out. It’s nice to see many gapped up stocks consolidating nicely and holding on to their gap supports. As always, be sure to check for the earnings date for any stock before getting into it. I have commented on the charts itself.
Caterpillar (CAT: 69.75 +0.35 +0.50%)
Expect the second part of the list sometime in the evening. Take care and good luck!
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