I'm watching VOXX and ZAGG which could be poised for a new uptrend. The 10 & 20 SMA's have crossed the 50 and are pushing up against the 65 SMA.
Ford is an example of this setup leading to a new trend. I'll soon be taking a 15% profit in F at about $13 on this latest swing trade in its uptrend.
VOXX is building cause within the high-volume bar of Nov 30th. The AB=CD looks like this: A = 5.55, B = 6.85, AB= 1.30, C = 6.21 so then D = 6.21 + 1.30 = 7.51, a 14.3% move up from today's close of 6.57.
ZAGG is building cause within the high-volume bar of Dec 13th. Today it tested the low of that bar and closed a penny above it. The high of Dec 13th is $8.23; 13% up from today's close of 7.28.
LULU came down and retested its Dec 6th sign of strength (SOS) on lower volume and then put in an inside day. If it can close above Wednesday's high of $75.79 it would be a bullish 3-inside-and-Up candlestick pattern. It has been building cause within the high-volume bar of Sept 7th. Aftter the Dec 6th SOS it ran up and tested the high of Sept 7th and then retraced to test the SOS on lower volume. and now may run up to try again to break above the high of Sept 7th at $77.60.
JDSU has completed or nearly completed the 3rd of a 3rd (Elliot-wave speak). Watching for it to retrace into the $12 area on wave 4 and then run up to $15 on wave 5; a 25% move.