Hey all, here are the Breakout picks for this week. This is not financial advice but meant for educational purposes. For Breakout picks, I pick stocks from strong looking sectors and pick the ones with strong technicals. Please leave any comments if you have any questions about any names.
This week we have over 20 picks in different sectors including Oil, Defense, Consumer Disc, Materials and other areas.
SCHW - Charles Schwab Corp: Good momentum and trend. Target: 93.20 Stop-Loss: 80
Oil Stocks:
XOM - Exxon Mobile: Good momentum and trend indicators. Target: 120 Stop-Loss: 105.94
MPC - Marathon Petroleum: Momentum strong, watch out for resistance in cloud, this may retest the 20ma. Target: 127.72 Stop-Loss: 111.22
