New Relic Inc (NYSE: NEWR)

New Relic, Inc., a software-as-a-service company, provides various digital products worldwide. Its cloud-based platform and suite of products include New Relic Platform, which enable organizations to collect, store, and analyze data.

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

NEWR has formed major support at $95 (green) over the past five months. The stock is also declining against a down trending resistance line (red). These two levels combined have NEWR stuck within a common chart pattern known as a descending triangle. Eventually, the stock will have to break one of those two levels.

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Eaton Vance Corp (NYSE: EV)

Eaton Vance Corp., through its subsidiaries, engages in the creation, marketing, and management of investment funds in the United States. It also provides investment management and counseling services to institutions and individuals. Further, the company operates as an adviser and distributor of investment companies and separate accounts.

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

1-year chart of Eaton (NYSE: EV)

Since the end of February, EV has formed an important level of resistance to watch at the $42 (red) mark. The stock has made its way back to the level again, and a solid close above that $42 level should lead to much higher prices for EV.

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Rapid7 Inc (NASDAQ: RPD)

Rapid7, Inc. provides analytics solutions for security and information (IT) operations. Its vulnerability management solutions include InsightVM and Nexpose, InsightAppSec, AppSpider and Metasploit. The company’s incident detection and response solutions comprise InsightIDR and Managed Detection and Response.

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

After bottoming out during the 2nd half of 2018, RPD has rallied to a point where it has now created a key level of resistance at $55 (red). The stock has recently tested, and pulled back from, that level again, but a break through $55 should lead to another leg higher for PRD.

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Clorox Co (NYSE: CLX)

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Cleaning, Household, Lifestyle, and International.

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

Since the beginning of 2019, CLX has formed an important level of resistance to watch at the $160 (red) mark. The stock made its way back to the level again, just over a week ago, and once again fell back down. A close above that $160 level should lead to higher prices.

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General Electric Company (NYSE: GE)

General Electric Company operates as a high-tech industrial company worldwide. It operates in Power, Renewable Energy, Aviation, Oil & Gas, Healthcare, Transportation, Lighting, and Capital segments.

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

GE has been trading mostly sideways over the past 4 months. While in the sideways range, the stock has formed a support area near $9 (green) and a clear resistance level at $10.50 (red). At some point, the stock will have to break out of the current trading range.

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