Steris (NYSE: STE)

Steris is a U.K.-based medical device company focused on sterilization services and infection prevention. The company is the global leader in contract sterilization services, ensuring the safe delivery of single-use and implantable medical equipment to hospitals around the world.

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

STE has hit the same $155 resistance area on multiple occasions over the past several months. The stock now sits just a couple dollars below that level. A solid close above $155 will likely lead to another leg higher for STE.

Continue Reading »

Healthcare Services Group, INC. (NASDAQ: HCSG)

Healthcare Services Group, Inc. engages in the provision of keeping, laundry and dietary services to long-term care and related health care facilities. It operates its business through the Housekeeping and Dietary segments.

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

Over the course of the past five months, HCSG has repeatedly hit the $26 mark (red) as resistance. The stock has recently turned down from that level again, but could be looking to finally break higher. A solid close above $26 would likely lead to much higher prices for HCSG.

Continue Reading »

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS)

Kratos Defense & Security Solutions, Inc. engages in the provision of technology systems to the U.S. Department of Defense. It operates through the following segments: Kratos Government Solutions, Unmanned Systems and Public Safety & Security.

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

KTOS has formed key support at $17 (green) over the past few months. The stock is also declining against a potential down trending resistance line (red). These two levels combined have KTOS stuck within a common chart pattern known as a descending triangle. Eventually, the stock will have to break one of those two levels.

Continue Reading »

Zoetis Inc (NYSE: ZTS)

Zoetis, Inc. discovers, develops and manufactures a portfolio of animal health medicines and vaccines. Its products are complemented by diagnostic products, genetic tests, bio devices and services.

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

ZTS had been mostly consolidating over the past several motnhs, while also stalling at the $130 level (green). That level was ZTS’s 52-week high resistance barrier, and now that the stock has broken above it, traders could expect it to take another leg higher.

Continue Reading »

Uber Technologies Inc (NYSE: UBER)

Uber Technologies, Inc. operates as a technology platform for people and things mobility. The firm offers multi-modal people transportation, restaurant food delivery, and connecting freight carriers and shippers. The company operates through following segments: Core Platform and Other Bets.

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

Over the course of the past couple of months, UBER has formed an important level to watch at the $30 (blue) mark. That level was support back in October, support and resistance in November, and now the stock is hitting $30 as resistance again.

Continue Reading »