BioMarin Pharmaceutical Inc. (NASDAQ: BMRN)

BioMarin Pharmaceutical, Inc., a biotechnology company, develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions.

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

1-year chart of Bio (NASDAQ: BMRN)

During the past four months, BMRN has formed an important level of resistance to watch at $100 (red) mark. The stock appears to be on its way back to the level again. A close above that $100 level should lead to higher prices.

Continue Reading »

Intuitive Surgical, Inc. (NASDAQ: ISRG)

Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories.

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

During the past four months, ISRG has formed an important area of resistance to watch around $550 (red) mark. The stock appears to be on its way back to the level again. A close above that $550 level should lead to higher prices.

Continue Reading »

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY)

Dave & Buster’s Entertainment, Inc. owns and operates entertainment and dining venues for adults and families. Its venues offer a menu of entrees and appetizers, as well as a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events.

Take a look at the 1-year chart of Buster’s (NASDAQ: PLAY) below with the added notations:

Over the course of the past 2-3 months, PLAY has formed an important level to watch at $48 (blue). The mark was support in mid-January, resistance back in December, and now it is acting as a resistance on a rally back up to it.

Continue Reading »

CVS Health Corp (NYSE: CVS)

CVS Health Corporation, together with its subsidiaries, provides integrated pharmacy health care services. It operates through Pharmacy Services and Retail/LTC segments.

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

1-year chart of CVS (NYSE: CVS)

CVS has formed a major level of support at $62 (green) over the past nine months. If the stock comes back down to that $62 level again, traders should be able to expect some sort of a bounce. However, if the $62 support were to break, lower prices should follow for CVS.

Continue Reading »

Mcdonald’s Corp (NYSE: MCD)

McDonalds Corporation operates and franchises McDonalds restaurants in the United States and internationally. Its restaurants offer various food products, soft drinks, coffee, and other beverages, as well as breakfast menu.

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

1-year chart of McDonalds (NYSE: MCD)

Over the past six months, MCD has been trending higher, while also forming a nice trend line of support (blue) along the way. Always remember that any (2) points can start a trend line, but it’s the 3rd test and beyond that confirm its relevance. The current pullback to the MCD line provides trading opportunities, one way or another.

Continue Reading »