AbbVie Inc (NYSE: ABBV)

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. It serves wholesalers, distributors, government agencies, health care facilities, specialty pharmacies, and independent retailers.

Take a look at the 1-year chart of Abb (NYSE: ABBV) below with my added notations:

During the past two months, ABBV has formed a very important level of resistance to watch at the $82 (red) mark. The stock is headed back up at the level again, and a close above it should lead to higher prices for ABBV.

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American Airlines Group Inc (NASDAQ: AAL)

American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. It provides scheduled air transportation services for passengers and cargo. As of December 31, 2018, the company operated a mainline fleet of 956 aircraft.

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

AAL has formed key support in the $30 (green) area over the past six months. The stock is also declining against a down trending resistance line (red). These two levels combined have AAL stuck within a common chart pattern known as a descending triangle. Eventually, the stock will have to break one of those two levels.

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Brinker International, Inc. (NYSE: EAT)

Brinker International, Inc., together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants in the United States and internationally. As of June 27, 2018, it owned, operated, or franchised 1,686 restaurants comprising 997 company-owned restaurants and 689 franchised restaurants under the Chili’s Grill & Bar and Maggiano’s Little Italy brand names.

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

EAT has formed a major level of support at $40 (green) over the past ten months. If the stock comes back down to that $40 level again, traders should be able to expect some sort of a bounce. However, if the $40 support was to break, lower prices should follow for EAT.

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Shake Shack Inc (NYSE: SHAK)

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, hot dogs, chicken, crinkle cut fries, shakes, frozen custard, beer, wine, and other products.

Take a look at the 1-year chart of Shack (NYSE: SHAK) below with my added notations:

1-year chart of Shack (NYSE: SHAK)

During the past five months, SHAK has formed a very important level of resistance to watch at the $55 (red) mark. The stock is back up at the level again, and a close above it should lead to higher prices for SHAK.

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TD Ameritrade Holding Corp. (NASDAQ: AMTD)

TD Ameritrade Holding Corporation provides securities brokerage and related technology-based financial services to retail investors and traders, and independent registered investment advisors (RIAs) in the United States.

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

1-year chart of TD (NASDAQ: AMTD)

After rallying off its December low, AMTD has now moved into a sideways trading range. While in the range, the stock has formed a key resistance level at $58 (red), and a $54 support (green). At some point the stock will have to break one of the two levels.

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