United States Oil Fund (NYSE: USO)

The United States Oil Fund seeks the daily changes in percentage terms of its shares’ per share net asset value (“NAV”) to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of a specified short-term futures contract on light, sweet crude oil called the “Benchmark Oil Futures Contract,” less USO’s expenses. USO seeks to achieve its investment objective by investing primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.

Take a look at the 1-year chart of United States Oil Fund (NYSE: USO) below with my added notations:

USO has been trending higher for most of the past year. Recently, the stock created a 52-week high resistance level at $13.25 (green), while also climbing a trendline of support (blue). At some point, the USO had to break either the $13.25 resistance or the trendline, and earlier this week the resistance broke.

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Alibaba Group Holding Ltd (NYSE: BABA)

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally.

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

BABA has a key level of support at $165 (green).  The stock might be making its way back down to that level again, and traders should be able to expect some sort of a bounce from there. However, if the $165 support level were to break, lower prices should follow.

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Prothena Corporation PLC (NASDAQ: PRTA)

Prothena Corporation plc, a late-stage clinical biotechnology company, focuses on the discovery, development, and commercialization of novel immunotherapies for the treatment of diseases in the neuroscience and orphan categories.

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

Over the course of the past four months, PRTA has made several swings, both higher and lower. Commonly, the level of $35 (blue) has provided the support or resistance for those moves. Now that PRTA seems to be pulling back, the $35 level should provide support yet again.

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Zoetis Inc (NYSE: ZTS)

Zoetis Inc. discovers, develops, manufactures, and markets veterinary vaccines and medicines in the United States and internationally. It commercializes products primarily across species, including livestock, such as cattle, swine, poultry, fish, and sheep; and companion animals comprising dogs, cats, and horses.

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

1-year chart of Zoetis (NYSE: ZTS)

ZTS has a key level of support at $80 (green), that which was also resistance back in January. The stock is making its way back down to that level again, and traders should be able to expect a bounce if it does. However, if the $80 support level were to break, lower prices should follow.

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Yirendai Ltd (NYSE: YRD)

Yirendai Ltd. operates as an online consumer finance marketplace that connects borrowers and investors primarily in the People’s Republic of China. It offers standard and fast track loan products.

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

1-year chart of Yirendai (NYSE: YRD)

YRD appears to have a key level of support at $35 (green). The stock has made its way back down to that level again, and traders should be able to expect some sort of a bounce from there. However, if the $35 support level were to break, lower prices should follow.

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