I caught the flu bug (yet again) and the last few days was busy with Chinese New Year and getting as much rest as I can. But I reckon I didn't miss much action in the stock market as it was pretty much range bound the last few sessions. Today, we'll have the FOMC policy statement and the market should have a clearer direction after this.
No charts today for this post, but here's some stocks you can watch out for:
-Union Pacific Corporation (NYSE:UNP): Approaching horizontal resistance at $45-$46. This level also coincides with the 50% Fibonacci retracement from prior swing high to low.
-Visa Inc. (NYSE:V): Recorded a new low in recent session. Looking like a bear flag. A successful break & close below $42.5 would indicate another leg lower.
-EOG Resources, Inc. (NYSE:EOG): Higher lows and support at $60, making of a descending triangle. Watch for break of $60 for confirmation