After 3:30 this afternoon we saw some upward momentum in key names.
GS broke out around $120 (opening range high). Check out the daily. Looks like we could have, at least, a possible run up to $142.We see a lot of these chart patterns on the daily time frame. The "W"double-bottom, a clearing of the middle apex on HK can give us a potential target of $22.
As with most stocks across the board, we need to see some serious conviction volume to trust these moves to the upside. So, while playing for a target, be ready to bail if strong selling comes back.Buying in CCI picked up late in the afternoon and closed at the highs of the day on large volume.Same with WLT. Strong volume closing near the highs of the day.
Ditto AGU and IPI...VLO
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