March Set Up Some GREAT Looking Monthly Charts

2:25 pm March 31, 2016/Evan Medeiros/

It’s March 31st, the final day of the month and 1st quarter for 2016 and it’s been a hell of a run for the bulls over the past 6 weeks. During the last day of every month we like to run through charts and scans for potential breakout plays on the monthly time-frame.

Yes! We actually trade monthly charts!

There’s lots of good looking setups coming across my scans and I figured I’d share some of what I’m seeing here (there are lots more). I see at least 1 name members and I will be getting long by the close of the day but there’s lots here emerging from actionable bases despite their recent rallies.

I’ll leave you to look through these charts on your own, but leave a comment or ping me on stocktwits / twitter if you have questions.

The following charts are shown below in monthly time-frame: $BSX $CHTR $BRO $VRSK $PEP $LKQ

 

BSX_3_31

 

CHTR_3_31

 

BRO_3_31

 

VRSK_3_31

 

PEP_3_31

 

LKQ_3_31

 

 

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Evan Medeiros

Evan is the founder of the Trade Risk. With 25 years of coding experience and a B.S. in computer science, Evan brings a systematic discipline to investing in the stock market.

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