With election day, it will be tough to navigate the markets. It might be best to not play. However, in general using some candlestick patterns here’s a watchlist.
Bullish Abandoned Baby
- EFG
- SUNV
- IRY
Bullish Engulfing
- GILD – Target $50. Higher volume than yesterday.
- DUK – Target $17.30 – $18. Volume bar low than yesterday.
- LNC – Not above 20 MA Yet. If breaks on 5 min and holds then Targets $26 – $30. Higher volume last bar.
- BRCD – Above 20 MA. Declining volume. Might have a quick play. Not a target higher than $4.1. Next stop $6. MACD higher lows. Price falls straight without making many lows.
- YUM above 20. MACD higher lows. RSI almost crossing 50. Volume lower. If crosses $31 then might go to $32.
- DTE – Higher volume. Target almost $41. MACD RSI heading higher.
Bullish Morning Doji Star
- SEPR – Above 20 MA. MACD makes higher lows. RSI is making higher lows. Small volume.
GILD & YUM are the best candidates.