US Stock Pick of the Day for Tuesday, February 10 2015 : QUEST DIAGNOSTICS INC

QUEST DIAGNOSTICS INC

Recommendation               Sell Below $68.50
Target                                  $66.50

STOCK SUMMARY:- 
Quest Diagnostics Inc is overall in bullish trend and is sustaining at higher levels on chart. However, traders can sell the stock below the level of $68.50 which is a near term support level for the stock and if it manages to breach this level further bearish movement is expected in this stock to test the levels of $66.50.

CHART FORMATION 
Stock is in bearish trend for near term and price is sustaining above support trend line with the expectation of level breakout on daily chart. Near term breach of major support level of $68.50 is expected which would trigger further bearish sentiment in the stock to test the levels of $66.50.

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INDICATORS:-
RSI is trading with negative bias and is sustaining below the level of 55.
In MACD signal line is sustaining below MACD line which is indicating bearish sentiment in the stock.

Wall Street Stock pick of the day : BEST BUY INC

Stock Pick of the Day

Recommendation    :            Buy above $35.65
Target                     :             $38.50
STOCK SUMMARY:- 
Best Buy Inc is overall in consolidate trend and is sustaining at lower levels on chart. Traders can buy the stock above the level of $35.65 which is a near term resistance level for the stock, and if it manages to breach this level further bullish movement is expected in this stock to test the levels of $38.50.

CHART FORMATION 

Technical Chart

Stock is in bullish trend for near term and price is sustaining above resistance trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $35.65 is expected, which would trigger further bullish sentiment in the stock to test the levels of $38.50.

INDICATORS:- 
RSI is trading with positive bias and is sustaining above the level of 50.
In MACD, signal line is sustaining above MACD line which  is indicating bullish sentiment in the stock.

NYSE stock pick of the day : BED BATH & BEYOND INC

Stock of the day

Recommendation    :            Buy above $68.00
Target                     :           $70.50

STOCK SUMMARY:-
 
Bed Bath & Beyond Inc is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $68.00 which is a near term resistance level for the stock, and if it manages to breach this level further bullish movement is expected in this stock to test the levels of $70.50.

CHART FORMATION
 
Stock is in bullish trend for near term and price is sustaining above resistance trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $68.00 is expected, which would trigger further bullish sentiment in the stock to test the levels of $70.50.

Technical chart

INDICATORS:-
 
RSI is trading with positive bias and is sustaining above the level of 50.
In MACD, signal line is sustaining above MACD line which  is indicating bullish sentiment in the stock.

Wall street stock pick of the day : CBRE GROUP INC

Stock pick of the day

Recommendation    :            Buy above $30.75
Target                     :           $32.25

STOCK SUMMARY:-
 

CBRE Group Inc is overall in consolidate trend and is sustaining at lower levels on chart. Traders can buy the stock above the level of $30.75 which is a near term resistance level for the stock, and if it manages to breach this level further bullish movement is expected in this stock to test the levels of $32.25.

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CHART FORMATION
 

 

Stock is in bullish trend for near term and price is testing the resistance level with breakout above the trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $30.75 is expected, which would trigger further bullish sentiment in the stock to test the levels of $32.25.

INDICATORS:-
 

RSI is trading with positive bias and is sustaining above the level of 50.
In MACD, signal line is sustaining above MACD line which  is indicating bullish sentiment in the stock.

FTSE stock pick of the day St. James's Place

FTSE stock pick of the day

RECOMMENDATION BUY

TARGET 725

The primary trend of St. James Place Plc Ord is Bearish and from last few trading session stock is showing strength for buying and looking strong on charts. Stock is facing support from the level 650 sustaining above that can show northward journey.One can initiate the long position in the stock above the level of 671 with Sl 650 for the target 725.

CHART FORMATION:-

Stock is forming inverse H&S pattern which is reversal pattern , crossing of the neck line it can give test the level of 725 .

Stock is sustaining above 50 DMA and facing support from 200 DMA crossing of it can show upside movement

Technical Chart

INDICATORS:-

RSI is trading near to the level of 50 and showing consolidation , Breaching of the resistance level can manage to test the level of 70.

In ADX is trading near to25 level , Positive DI is about to give the break out above negative with positive bias.

Macd & Signal line is about to give break out above Zero level line which is indicating strength in the stock.

NYSE stock pick of the day : GILEAD SCINECES INC

U.S. stock pick of the day

Recommendation  :              Sell below $101.20
Target                   :                 $98.75

STOCK SUMMARY:-
 
Gilead Sciences Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can  sell the stock below the level of $101.20 which is a near term support level for the stock, and if it manages to breach this level further bearish movement is expected in this stock to test the levels of $98.75.

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CHART FORMATION
 
Stock is in consolidate trend for near term and price is expected to test the support level below the trend line with good consolidation with double top pattern formation on daily intraday chart. Near term breach of support level of $101.20 is expected, which would trigger further bearish sentiment in the stock to test the levels of $98.75.

INDICATORS:-
 
RSI is trading with negative bias and is sustaining below the level of 50.
In MACD, signal line is sustaining below MACD line which  is indicating bearish sentiment in the stock.