Lincoln National Corporation (NYSE: LNC)

Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection.

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

1-year chart of Lincoln (NYSE: LNC)

During the past 9 months, LNC has formed an important level to watch at $60. That mark has been support multiple times since June, while also having been resistance when the stock was beneath it.

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Alder Biopharmaceuticals Inc (NASDAQ: ALDR)

Alder BioPharmaceuticals, Inc. operates as a clinical-stage biopharmaceutical company. It discovers, develops, and commercializes therapeutic antibodies to transform the treatment paradigm for patients with migraine in the United States, Australia, and Ireland.

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

1-year chart of Alder (NASDAQ: ALDR)

Over the course of the past 5 months, ALDR has formed an important level to watch at $12. That mark has been support multiple times since October, while also having been resistance when the stock was beneath it.

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Bristol-Myers Squibb Co (NYSE: BMY)

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. The company offers drugs in oncology, immunoscience, cardiovascular, and fibrotic diseases.

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

1-year chart of Bristol (NYSE: BMY)

After taking major hits back in October, BMY started to form a base that has created a key level of resistance at $54 (red). The stock sits slightly below that mark now, and a break above it should lead to another leg up for BMY.

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Nutanix Inc (NASDAQ: NTNX)

Nutanix, Inc., together with its subsidiaries, develops and provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. Its solution addresses a range of workloads, including enterprise applications, databases, virtual desktop infrastructure, unified communications, and big data analytics.

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

1-year chart of Nutanix (NASDAQ: NTNX)

NTNX seemed as if it had bottomed out at the end of 2018 after rallying off of a clear level of support at $35 (red). However, last week the stock broke down below that key support, which also sent NTNX to a new 52-week low. If the stock rallies, traders could expect $35 to now act as resistance.

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Aaron’s, Inc. (NYSE: AAN)

Aaron’s, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in three segments: Progressive Leasing, Aaron’s Business, and DAMI.

Take a look at the 1-year chart of Aaron’s (NYSE: AAN) below with added notations:

AAN has hit the same $56 resistance (red) a couple of times during the past several months. The stock is now sitting just a couple of percentage points below that $56 level. A solid close above the resistance should lead to another leg higher for AAN.

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