Stock Talk – June, 2016

Stock Talk

Jon D.

Jon D.

Hi Linda,
BC hit my intermediate price target at the upper Bollinger Band for a small profit. More importantly it appears to me to have formed a Cup identified by brilliant Irish Author, William O’Neil as a Bullish continuation pattern. Now the stock may form a handle and then go on to higher prices. For members who have never read any of O’Neils books they are worth reading and widely available. http://schrts.co/qCvT4B hope my link works

Jon D.

Jon D.

Hi Linda,
I was feeling better this afternoon looking how much some of your picks were up. I bought back BC and CRL.

They both show a Bollinger Band contraction and the recent downward prices formed a piercing pattern now they are both rising so the risk to reward looked good to me.

Linda McDonough

Linda McDonough

Hi John-
Thanks for the technical updates. I feel very good about the fundamentals on both of these names. See my update today which notes Brunswick (NYSE: BC) giving strong guidance for 2018 and Charles River (NYSE: CRL) making a smart acquisition in the biosimilar testing space.
Enjoy the weekend!
Linda

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