U.S. Equities Watchlist Additions – November 7th, 2021

The following 3 additions to our watchlist show well defined chart patterns that could possibly offer profits with the correct trade actions applied to your trading.

$STON – StoneMor, Inc. engages in owning and managing cemeteries and funeral homes. It operates through the following segments: Cemetery Operations, Funeral Home Operations, and Corporate. The company was founded on April 29, 2004 and is headquartered in Bensalem, PA.

Sector: Consumer Services

Market Capitalization: 324.532M

Ownership Summary: 84.83% Institutional Ownership

Next Earnings date: 11/11/2021

TECHNICALS

On the daily timeframe, the price chart has formed a midterm Ascending Triangle pattern since March of 2021, finding strong resistance at the $3.00 price level. The current price is above 200 EMA. A daily close of $3.09 will confirm the breakout from the ascending triangle pattern with a possible price target of $4.30


$HON – Honeywell International, Inc. is a software industrial company, which offers industry specific solutions to aerospace and automotive products and services. The company was founded in 1906 and is headquartered in Charlotte, NC.

Sector: Producer Manufacturing

Market Capitalization: 155.625B

Ownership Summary: 76.29% Institutional Ownership

Next Earnings date: 01/28/2022

TECHNICALS

On the daily timeframe, the price chart has formed a Rectangle pattern since June of 2021, finding strong resistance at the $233.00 price level. The current price is above 200 EMA. A daily close of $238.00 will confirm the breakout from the rectangle pattern with a possible price target of $253.00


$AFL – Aflac, Inc. is a holding company, which engages in the provision of financial protection services. The company was founded on November 17, 1955 and is headquartered in Columbus, GA.

Sector: Finance

Market Capitalization: 37.54B

Ownership Summary: 67.95% Institutional Ownership

Next Earnings date: 02/02/2022

TECHNICALS

On the daily timeframe, the price chart has formed a Rectangle pattern since June of 2021, finding strong resistance at the $57.20 price level. The current price is above 200 EMA. A daily close of $58.50 will confirm the breakout from the rectangle pattern with a possible price target of $63.70.


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