Alliance Data Systems Corporation (NYSE: ADS)

Alliance Data Systems Corp. engages in the provision of data-driven and transaction-based marketing and customer loyalty solutions. It operates through the following segments: LoyaltyOne, Epsilon and Card Services.

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

ADS has formed an important level of support at $100 (green) over the past few months. After seemingly breaking out of its down move back in December and January, the stock has now fallen back down to that support. If the $100 level were to break, lower prices should follow for ADS.

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Canada Goose Holdings Inc (NYSE: GOOS)

Canada Goose Holdings, Inc. designs, manufactures, distributes and retails outerwear for men, women and children. It operates through the Wholesale and Direct to Consumer segments.

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

During the past year, GOOS had formed a very important level of support at $32.50 (red). Last week saw the stock break below that support. Not only did that imply lower prices for GOOS, but the $32.50 area will now likely act as resistance on any future rallies.

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Brunswick Corporation (NYSE: BC)

Brunswick Corp. engages in the design, manufacture, and marketing of recreation products, including marine engines, boats, fitness equipment, and active recreation products. It operates through the following segments: Marine Engine, Boat, and Fitness.

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

BC had been trading sideways from November through January. During that period of time, the stock formed a clear resistance level at $62 (green) and a level of support at around $57 (red). At some point the stock had to break one of the two levels created by the rectangle pattern, and this week the stock broke the resistance.

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Deciphera Pharmaceuticals Inc (NASDAQ: DCPH)

Deciphera Pharmaceuticals, Inc. operates as a biotechnology company that develops and manufactures kinase inhibitor treatments for cancer by cutting off the ability of tumor cells to thrive and spread.

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

1-year chart of Deciphera (NASDAQ: DCPH)

DCPH has run-up against its $70 resistance twice, a level that is also the barrier to a new 52-week high. In addition, the stock is climbing a clear trendline of support. At some point, one of those two levels will break, and that break should signal DCPH’s next big move.

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United States Steel Corporation (NYSE: X)

United States Steel Corp. engages in the manufacturing and selling of steel products. It operates through the following business segments: Flat-Rolled Products, U.S. Steel Europe, and Tubular Products.

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

During the past five months, X had formed a very important level of support at $10 (red). Last week saw the stock break below that support. Not only did that imply lower prices for X, but the $10 area will now likely act as resistance on future rallies.

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