Stocks burst higher at the open but quickly went back and forth the rest of the day. It’s not a market that’s proving itself ready to resume its uptrend yet. Outside of tech, some names setting up include oil machinery stock Cactus tightening up in a handle after a nice run up the right side of its base. Hubbell is on the verge of a flat base entry and Ollie’s Bargain Outlet showed a nice bounce ahead of its earnings report later this week.
Stocks burst higher at the open but quickly went back and forth the rest of the day. It’s not a market that’s proving itself ready to resume its uptrend yet. Outside of tech, some names setting up include oil machinery stock Cactus tightening up in a handle after a nice run up the right side of its base. Hubbell is on the verge of a flat base entry and Ollie’s Bargain Outlet showed a nice bounce ahead of its earnings report later this week.