Stock Trends
Medium bases
Good morning,
Next week is our annual Base Finder report, where I bring you all the big bases in the land of large-cap stocks.
With the Base Finder, we’re looking for large bases, often more than a year of steady accumulation, and ideally more.
But as I’m combing through all the charts, there were plenty of medium bases that are worth pointing out. Ahead of next week’s report, we’ll look at some of the best medium-sized bases out there.
We’ll also review:
Stocks that have more downside risk
Hot List updates
Three stocks to watch in the energy sector
Tesla
and more!
Medium bases
ACGL: Arch Capital Group
There are A LOT of bases in the insurance sector, both big and small. This one on Arch Capital Group conservatively measures to $105.
CBRE: CBRE Group
CBRE Group has some nice base-on-base action and is pushing up against a 3-month downtrend line. A horizontal breakout above $167 targets $186.
MAR: Marriott
Marriott hasn’t looked back since breaking out in November. The stock is now making all-time highs and was strongly positive in yesterday’s tech-led selloff.
MCD: McDonald’s
