United Continental Holdings Inc (NASDAQ: UAL)

United Continental Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, the Middle East, and Latin America. It transports people and cargo through its mainline and regional operations.

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

After peaking in November, UAL has fallen into a sideways trading range. While in the range, the stock has formed a key resistance level at $90 (red), and a $77.50 support (green). At some point the stock will have to break one of the two levels.

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AmerisourceBergen Corp. (NYSE: ABC)

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally.

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

1-year chart of Bergen (NYSE: ABC)

Since its February peak, ABC seems to have formed a clear, trend line of resistance (red). The line of resistance is currently approaching $74, and a break above that line should mean higher prices, overall, for the stock.

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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 my added notations:

During the past six months, ALDR has formed a very important level of resistance to watch at the $15 (red) mark. The stock appears to be headed towards that level again, and a close above it should lead to higher prices for ALDR.

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ConocoPhillips (NYSE: COP)

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. The company primarily engages in the tight oil reservoirs, LNG, oil sands, and other production operations.

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

During the past few months, COP had formed a very important level of support at $65 (green). Earlier this week, the stock break below that support. Not only does that imply lower prices for COP, but the $65 level should now act as resistance on any future rallies.

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ArcelorMittal (NYSE: MT)

ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. It operates through five segments: NAFTA, Brazil, Europe, ACIS, and Mining.

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

1-year chart of Arcelor (NYSE: MT)

During the past five months, MT has formed a very important level of resistance to watch at the $24 (red) mark. The stock just failed at the level again, but a close above $24 should lead to higher prices for MT.

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