Although the market appears to be setting up for a pull back, but there are still stocks with good setup for possible long. Here are three stocks; MMM, GE, and HK that might be worthwhile keeping an eye on for potential upside breakout.
MMM:
If it can move above the 135.20 level, there are two price gaps waiting to be filled.
GE:
If it can move above the 26.35 level, it could be moving up to fill the price gap near 27.
HK:
A low price energy stock that appears to be setting up to break its long term down trend and the inverted head and shoulder pattern.
Disclosure: No position.