EnLink Midstream Partners, LP (ENLK) broke out today of a two week consolidation(bull flag) and begin new up wave with target projection toward the upper channel line in the 20 area.
Group 1 Automotive, Inc. (GPI), which has been in a sideways channel(rectangle pattern) since early December of 2016., broke today technical resistance in the 82 area and thus begin new momentum which has potential to reach 90 area within the next 10 day period.
McDonald's Corporation (MCD) approaching all time high at 160 which if broken could accelerate prices toward 163 in the short term period.
Perrigo Company plc (PRGO) is consolidating in a bullish pennant formation after a big gap up*Aug 10th from 64 to 80. A move above the top of the pennant at 80 would lead to new up*wave.
Teradyne, Inc. (TER) is in a 3 week long ascending triangle converging on the 35 area. A break should take it to July high around 37 area.
NIKE, Inc. (NKE) is consolidating in a rectangle pattern over the last 4 weeks with resistance in the 94.8 area. Break of that resistance if potential long swing trade entry level with targets at 96 and 97.5... $NKE chart: http://bit.ly/2DXSH6B
The Goldman Sachs Group, Inc. (GS) – broke resistance at 224 on Friday with volume 2x average thus confirming new momentum which could move prices into 235 areas within the next 2-10 trading days. CHART
