Stocks To Watch For 5/21/2015

The market appears to be entering the process of dissipating its recent excess. In this environment, the odds on finding good setup going against the market are low, and a sustained move could be short lived. If one is trading against the market trend, one should always exercise tight stop and take profit aggressively. Here are a few stocks that could present some upward movements in the coming days.

GOGO potential baseline breakout. Beware of possible distribution program in process as cumulative volume action show signs of distribution. Be quick & be tight!

(click on the chart to enlarge)


GPRO could be setting up to breakout from a multi-month inverted head & shoulder pattern, see chart for measured move targarts.



HZNP could be heading back up to recent high after a brief pullback consolidation.