S&P Retail SPDR Market Prediction Path Moved Lower

The S&P Retail ETF XRT was revised lower today on the Symmetrical Triangle breakdown. XRT broke down out of the Symmetrical Triangle pattern after J.C. Penny cut its 2017 earnings forecast on Friday, October 27, 2017. J.C. Penney cut its forecast for 2017 adjusted earnings to 2 cents to 8 cents per share from 40 cents to 65 cents. The breakdown today on XRT wasn't just about J.C. Penny. Citigroup downgraded Macy's stock from “Neutral” to “Sell” on Monday, October 30, 2017, citing poor performance from the company's retail business as the primary reason. Citi analyst Paul Lejuez said that Macy's has seen significant pressure on sales/margins for several years, and that they no longer make much money as a retailer.
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Clovis Oncology Symmetrical Triangle Setup on Barclays Coverage

Clovis Oncology is a good setup off uptrend line support within a Symmetrical Triangle pattern. Large players volume is rising as the stock moves into the apex of the triangle pattern.

The big news about Clovis Oncology stock is that Barclays initiated coverage on October 23, 2017, with an Overweight rating and a price target of $105 which represents 35.48% upside from its current price. Analysts ratings at Barclay's are the most followed on Wall Street because of their excellent track record of hitting winners.

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BioDelivery Sciences Symmetrical Triangle On Rising Large Players Volume

Biodelivery Sciences is in a Symmetrical Triangle pattern on rising large players volume.

There 5 Buy ratings on Biodelivery Sciences and 1 Hold rating. The consensus price target is $4.50 which represents 52.54% upside from the current price.

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Granite Construction Does Symmetrical Triangle Breakout On Pocket Pivot

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Gold Price Forecast of $1500 For First Time Since 2013

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Vulcan Materials Stock Symmetrical Triangle On Possible Earnings Beat

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