My two recent picks JNJ and JPM both racked up further gains Wednesday. Time to move onto something else in the last 2 days of the week. The stock market pattern has been the strength has come at the end of the week, and that is the way it is shaping up this week as well. For Thursday I like Amazon and Google on dips below Wednesday’s low.
A gap lower in these stocks below the geometric line support shown in the attached charts…. followed by a regaining of that support line …. would be a good long entry.