Wall Street Traders Report - June 1, 2015
Carter Inc. (CRI) : Breakout from resistance and ascending triangle has held above this level and should be supported at prices level $101.75.
NiSource (NI) : Has formed a Bullish Flag but was unable to close above the upper trendline on Friday to signal the long trade. I will continue to monitor this on my watch list for a bullish close above this price level.
Mondelez (MDLZ) : Bullsih breakout on Friday from the Flag pattern on strong volume. Price should continue to move up-wards from here if the signal is to prove valid.
Happy Trading
Flavio
Disclosure: None.
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