We had a strong market yesterday and a sell off this morning, but we have reversed to go positive.

SBUX: above our trigger price and moving higher.  trigger was $52.59 and trading $53.34 may get some resistance at $53.60 area from Feb lows, but after that should continue to rally.

CMCSA: above our trigger but had trouble yesterday getting through the 200 day simple moving average.

Mentions:

WMT: sold off this morning taking out yesterday’s low but has rallied back.  If you didn’t take profit or roll, probably a good time.

WBA: lower low than yesterday but is testing the highs today.  May have some resistance at around $70.60 if we can get through highs today.

ZION: struggling to get going, needs to take out highs to get moving, but then you are faced with 100 day moving average.

CAH: very nice move here and looks like it can continue to fill gap with market continuing. First target would be $52.57  at bottom of gap.

CFG: slow to get moving, needs a little more push to get through highs

PCAR: great move here up $64.61 to $67.43 high today…rallied to 200 day, take some profit off table, roll or exit depending on your outlook!

Have a great weekend!

Wayne