Many equities have moved off of their highs and indices have started to move lower. However, not much has changed in economic data or Federal Reserve policy, so what gives? Is the market just pulling back to take a breather? If so, let’s look at some longs for a potential rebound after it bottoms out.
Using TriggerPoint Research’s proprietary algorithm we have identified some of those stocks with the potential to breakout or bounce up in the near-term. While they have not quite hit that point, these stocks are on our watch-list for a TPR Equity ALERT!
Please see important risk disclosures before acting on this ALERT!
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