Switch Inc (NYSE: SWCH)

Switch, Inc. engages in the provision of technology infrastructure. It specializes in the development of digital platforms for digital media companies, cloud and managed service providers, financial institutions, and telecommunications providers.

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

1-year chart of Switch (NYSE: SWCH)

During the past several months, SWCH had formed a very important level of support at $14 (red). Monday saw the stock break below that support. Not only did that imply lower prices for SWCH, but the $14 area will now likely act as resistance on any future rallies, as it did yesterday.

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Revance Therapeutics Inc (NASDAQ: RVNC)

Revance Therapeutics, Inc. is a clinical stage biotechnology company. It is engaged in the development, manufacturing, and commercialization of novel botulinum toxin products for multiple aesthetic, and therapeutic applications.

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

1-year chart of Revance (NASDAQ: RVNC)

Over the past 7 months, RVNC has been trending higher, while also forming a nice trend line of support (green) along the way. Always remember that any (2) points can start a trend line, but it’s the 3rd test and beyond that confirm its relevance. A pullback to the RVNC line could provide trading opportunities, one way or another.

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Dynatrace Inc (NYSE: DT)

Dynatrace, Inc. offers software intelligence platform, purpose-built for the enterprise cloud. The firm’s platform utilizes artificial intelligence at its core and advanced automation to provide answers, not just data, about the performance of applications, the underlying hybrid cloud infrastructure, and the experience of the customers’ users.

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

DT has formed an important level of support at $30 (green) over the past several months. After finishing up a recent rally, the stock has fallen back down to that support. If the $30 level were to break, lower prices should follow for DT.

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Frontdoor Inc (NASDAQ: FTDR)

Frontdoor, Inc. engages in the provision of home service plans. Its service focuses on water heaters, garbage disposals, doorbells. smoke detectors, ceiling fans, central vacuums, refrigerators, dishwashers and trash compactors.

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

1-year chart of Frontdoor (NASDAQ: FTDR)

FTDR has formed an important level of support at $42 (green) over the past several months. After finishing up a recent rally, the stock now looks like it is falling back down to that support. If the $42 level were to break, lower prices should follow for FTDR.

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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 Hexcel (NYSE: HXL) below with the added notations:

1-year chart of Hexcel (NYSE: HXL)

Over the past year, HXL has formed an important level to watch at the $72 (blue) mark. That level was resistance last spring, and then it was support from June all the way into February. It now looks as if the stock is headed back towards that same mark.

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