I looked over the charts of those 4 long-term candidates & have to say that I can’t make a decent case to go long any other than the fact that they still appear to be in primary uptrends. Of the four, if I had to buy one here & tuck it away it would be AWK. Objective stops, depending of course on how high your profit target is, would be a break below the minor uptrend line off the Jan 12th lows (daily chart, log scaling) & then a much more significant horizontal support level around 70.30-70.00, if you’re willing to give it that much room.

HII just printed a divergent high & extreme overbought reading on the daily chart.

SMG broke down below a key uptrend line & immediately backtested it at the end of Jan (bearish). Currently, the stock is approaching the apex of a symmetrical triangle pattern with the TL’s generated off the Dec ’16 highs & the Feb 2, 2017 low with the PPO in bearish territory. Best to wait to see which direction prices break from that triangle before taking a position IMO or at least consider stopping out on a convincing break below.

If my call for a correction in the financials pans out, MA will almost certainly get dragged down with the lot.

JMHO & best of luck if you take or already own any of them.

Thx alphahunt. I’m looking forward to reviewing each of those charts & will let you know which ones, if any, stand out as potential trade/investment candidates.

Hi Randy
Some of the candidates I have been watching for the long term portfolio – HII, SMG, AWK, MA. Passing it along in case you find any one particularly a good candidate.

Thx Art. CCE had a very solid case made as a bottoming play back on Dec 7th on both the daily & weekly time frames.
As soon as I get the short trade ideas updated (i.e.- re-assign those trades still listed as Active that have either hit their final price target or suggested stop) I’d like to focus my efforts on finding some more Growth & Income Trade candidates.