Amedisys Inc (NASDAQ: AMED)

Amedisys, Inc., together with its subsidiaries, provides healthcare services in the United States. It operates through three segments: Home Health, Hospice, and Personal Care.

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

Over the past few months, AMED has formed a $140 resistance (red). In addition, the stock is climbing a trend line of support (green). Together, these two lines have formed an ascending triangle on AMED. Eventually, the stock will have to break either the $140 resistance or the triangle support.

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Scorpio Tankers Inc. (NYSE: STNG)

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products worldwide. As of March 22, 2018, its fleet consisted of 109 tankers, including 38 LR2, 12 LR1, 45 MR, and 14 Handymax tankers with an average age of approximately 2.6 years; and 20 time or bareboat chartered-in tankers, which include 2 LR2, 10 MR, and 8 Handymax tankers.

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

1-year chart of Scorpio (NYSE: STNG)

STNG has formed an important level of support at $15 (green) over the past several months. Now that the stock appears to be turning back down towards that level again, traders should be able to expect some sort of a bounce. However, if the $15 support were to break, lower prices should follow for STNG.

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Lear Corporation (NYSE: LEA)

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers worldwide. It operates in two segments, Seating and E-Systems.

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

During the past two months, LEA has formed an important level of resistance to watch at the $160 (red) mark. The stock tested that $160 mark, for the second time, last week. A close above that $160 level should lead to higher prices.

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International Paper Co (NYSE: IP)

International Paper Company operates as a paper and packaging company primarily in North America, Europe, Latin America, North Africa, India, and Russia. It operates through three segments: Industrial Packaging, Global Cellulose Fibers, and Printing Papers.

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

Prior to October, IP had formed an important level of support at $48 (red). However, the first week of October saw the stock break below that support. Not only did that imply lower prices for IP, but also the $48 level would be expected to act as resistance on any future rallies. The past week has seen that happen for the stock.

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Alcoa Corp (NYSE: AA)

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Brazil, Canada, and internationally. The company operates through Bauxite, Alumina, and Aluminum segments.

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

AA had formed a key level of resistance at the $30 level (green) during the past few of months. However, the stock broke through that resistance last week. If AA comes back down to that $30 level, which should now act as support, a bounce should be expected.

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