Wall Street Traders Report - June 1, 2015

Carter Inc. (CRI) : Breakout from resistance and ascending triangle has held above this level and should be supported at prices level $101.75.

NiSource (NI) : Has formed a Bullish Flag but was unable to close above the upper trendline on Friday to signal the long trade. I will continue to monitor this on my watch list for a bullish close above this price level.

Mondelez (MDLZ) : Bullsih breakout on Friday from the Flag pattern on strong volume. Price should continue to move up-wards from here if the signal is to prove valid.

Happy Trading


Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.