Urban Edge Properties (NYSE: UE)

Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region.

Take a look at the 1-year chart of Urban Edge Properties (NYSE: UE) with the added notations:

UE may have formed a bearish chart pattern known as a double top. Double tops are reversal patterns and are as simple as they sound: Rallying up to a point (T), selling off to a support, and then rallying back up again to approximately the same top (T). 

UE appears to have formed the double top price pattern (red) over the last 4 months. As with any price pattern, a confirmation of the pattern is needed. H would confirm its pattern by breaking the $21.50 support (green) created by the double top pattern. 

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Zogenix (NASDAQ: ZGNX)

Zogenix, Inc., a pharmaceutical company, develops and commercializes therapies for the treatment of central nervous system disorders in the United States.

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

After being stuck mostly within a range for the past year, ZGNX has now settled into a smaller sideways trading range. While in the range, the stock has formed a key resistance level at $50 (red), and a $45 support (green).  At some point the stock will have to break one of the two levels.

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Karyopharm Therapeutics (NASDAQ: KPTI)

Karyopharm Therapeutics Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of drugs directed against nuclear transport and related targets for the treatment of cancer and other diseases.

Take a look at the 1-year chart of Karyopharm (NASDAQ: KPTI) with the added notations:

KPTI has a key level of support at $17 (green).  The stock appears to be making its way back down to that level again, and traders could expect some sort of a bounce. However, if the $17 support level were to break, lower prices should follow.

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Whirlpool (NYSE: WHR)

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia.

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

WHR has formed key support in the $122.50 (green) area over the past couple of months. The stock is also declining against a down trending resistance line (red). These two levels combined have WHR 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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Altice USA, Inc. (NYSE: ATUS)

Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States. The company operates in two segments, Cablevision and Cequel.

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

ATUS had formed a key level of resistance at the $19 level (red) during the past several months. However, the stock broke through that resistance yesterday, which should mean higher prices. If ATUS comes back down to the expected $19 support, a bounce should be expected.

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