Intercontinental Exchange Inc (NYSE: ICE)

Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for financial and commodity markets in the United States, the United Kingdom, Continental Europe, Asia, Israel, and Canada. It operates through two segments, Trading and Clearing; and Data and Listings.

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

ICE had hit the $95 level as resistance over and over again from September into January before finally breaking through. That break led to a $7 run-up, but the stock crashed shortly after. The stock has made it back up and now sits just below that $95 resistance mark, and a solid close above that level should lead to another leg higher for ICE.

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CarMax, Inc (NYSE: KMX)

CarMax, Inc. is as a holding company, which engages in the retail of used vehicles and wholesale vehicle auction operator. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF) business segments.

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

KMX has hit the $100 mark as resistance on multiple occasions over the past few months. The stock now sits just a couple dollars below that level. A solid close above $100 should lead to another leg higher for KMX.

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Hexcel Corporation (NYSE: HXL)

Hexcel Corp. engages in the development, manufacture, and market of advanced composite materials for the commercial aerospace, space and defense, and industrial markets. It operates through the following segments: Composite Materials; Engineered Products; and Corporate and Other.

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

After peaking in September, HXL has fallen into a sideways trading range. While in the range, the stock has formed a key resistance area at $80 (red), and a $72 support level (green), which had also been prior resistance. At some point the stock will have to break either the $72 or the $80.

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Covetrus Inc (NASDAQ: CVET)

Covetrus, Inc. engages in developing technologies and services for animal health industry. It also provides products, software, and services to help drive improved patient health, strong client relationships, and successful financial outcomes for veterinary professionals.

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

CVET has hit the $15 mark (red) as resistance multiple times over the past several months. The stock has recently turned higher towards that level again, and now could be looking to finally break out. A solid close above $15 should lead to much higher prices for CVET.

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American Airlines Group Inc (NASDAQ: AAL)

American Airlines Group, Inc. is a holding company, which engages in the operation of a network carrier through its principal wholly owned mainline operating subsidiary, American.

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

Since its July peak, AAL seems to have formed a trend line of resistance (red). The line of resistance is currently approaching $28.50, and a break above that line will likely mean higher prices, overall, for the stock.

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