ZTO Express (NYSE: ZTO)

ZTO Express (Cayman) Inc., through its subsidiaries, provides express delivery and other value-added logistics services in China. It offers delivery services for e-commerce merchants, traditional merchants, and other express service users, as well as through business partners.

Take a look at the 1-year chart of ZTO (NYSE: ZTO) with the added notations:

ZTO has a key level of support at $14.50 (green).  The stock looks as if its on its way back down to that level again, and traders could expect a bounce if it does. However, if the $14.50 support level were to break, lower prices should follow.

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O’Reilly Automotive Inc (NASDAQ: ORLY)

O’Reilly Automotive, Inc., together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States.

Take a look at the 1-year chart of O’Reilly (NASDAQ: ORLY) below with my added notations:

Over the past 4 months ORLY has created a key level of support at $240 (green). That line is also the “neckline” for the stock’s head and shoulders (H&S) reversal pattern. Above the neckline you will notice the H&S pattern itself (red).

Confirmation of the H&S would occur if ORLY were to break the support, and lower prices would be expected from there.

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IPG Photonics Corporation (NASDAQ: IPGP)

IPG Photonics Corporation develops and manufactures a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide.

Take a look at the 1-year chart of IPG (NASDAQ: IPGP) below with my added notations:

1-year chart of IPG (NASDAQ: IPGP)

Over the past two months, IPGP has run up against a $260 resistance (red) on two separate occasions. In addition, the stock has been climbing a trend line of support (green) since the beginning of February. Together, these two lines have formed an ascending triangle on IPGP. Eventually, the stock will have to break either the $260 resistance or the triangle support.

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Alnylam Pharmaceuticals, Inc. (NASDAQ: ALNY)

Alnylam Pharmaceuticals, Inc., a biopharmaceutical company, discovers, develops, and commercializes novel therapeutics based on RNA interference (RNAi). Its pipeline of investigational RNAi therapeutics focuses on genetic medicines, cardio-metabolic diseases, and hepatic infectious diseases. 

Take a look at the 1-year chart of Alnylam (NASDAQ: ALNY) below with added notations:

1-year chart of Alnylam (NASDAQ: ALNY)

ALNY had been in a sideways consolidation from October through February, and during that time also creating a very important resistance level at $140 (green), which was also ALNY’s 52-week high resistance barrier. Now that the stock has broken above that level, traders could look to enter a position on a decline back down to that $140 mark.

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Facebook, Inc. (NASDAQ: FB)

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.

Take a look at the 1-year chart of Facebook (NASDAQ: FB) below with my added notations:

1-year chart of Facebook (NASDAQ: FB)

Over the past 5 months FB has created a key level of support at $170 (green). That line is also the “neckline” for the stock’s head and shoulders (H&S) reversal pattern. Above the neckline you will notice the H&S pattern itself (red). Confirmation of the H&S would occur if FB were to break the support, and lower prices would be expected from there.

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