The recent strong rally in educational stocks has coincided with the Obama inauguration, and today could see a "buy on the rumor sell on the news" development for Apollo.
Thermo Fisher Scientific (TMO) has had two very positive sessions and, given the breakout from the ascending wedge pattern, now seems set to take on the upside target indicated on the chart.
One very notable feature of the chart for the Natural Gas sector (UNG) is the very positive divergence between the recent weak price performance and the MFI chart, which clearly indicates that accumulation has been taking place.
Clive Corcoran notes that there would seem to be a relatively favorable reward/risk ratio on the long side for the exchange traded fund for the Natural Gas sector (UNG).
The chart for General Electric (GE) is one of the least healthy looking among the major Dow Jones components, and yesterday there was a rejection at the 50-day EMA.
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