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Technical Setups for the Week

Stocks in this article: VCO FDS CSC

BALTIMORE ( Stockpickr) -- Light trading is the name of the game this week as the holiday weekend and remnants of the weekend's East Coast snowstorm wreak havoc on the market's normal trading rhythm.

Although a slew of economic data is slated to be released to end 2010, the fact that trading volume for most indices is only around half of its average levels is pretty hard to ignore right now. As a result of that lighter volume, expect traders to avoid pulling the trigger on most stocks.

But while trading will be left up to the few this week, that doesn't mean it's time to become lazy when looking at trade setups. After all, with a return to normalcy kicking off with 2011's first trading day next Monday, there should be ample opportunity to make up for Wall Street vacations. To make the most of those, we're once again turning to the technicals for a group of promising setups.

Related: Must-See Charts: Vodafone, AmBev, Intel

Remember, technical analysis is a way for investors to quantify qualitative factors, such as investor psychology, based on a stock's chart patterns and trends. Once the domain of cloistered trading teams on Wall Street, technicals can help top traders make consistently profitable trades and can aid fundamental investors in better planning their stock execution.

Here's a look at this week's potential trades.

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