3 Trade Ideas For The Coming Week: GLUU, SFM, SGY
Sinisa Persic, CMT | Aug 21, 2017 01:24AM ET
After a strong move during July, Glu Mobile Inc (NASDAQ:GLUU) has been in consolidation over the last two weeks and during that period established technical resistance at 3.20 a break of which is likely to trigger new short term momentum with target in the 3.60 area.
Sprouts Farmers Market Inc (NASDAQ:SFM) is in a bullish consolidation pattern which takes the form of a rising triangle. Break above 24.7 could lead to new up wave with target in the 26.4 area.
Stone Energy Corp (NYSE:SGY) broke out of a bullish flag on Friday and is looking to advance toward the 29 area in the next few trading days.
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