BALTIMORE (Stockpickr) -- Another morning of relatively flat futures activity is helping the S&P 500 to build a base this week after a spike in volatility in the last dozen trading days.
It all started with a break below the S&P's intermediate trend line support level. While that level is hardly essential for the broad rally to continue on course, it certainly was enough to derail stocks' ascent in the near-term.
But buyers came back into the market in force last week, shoving the S&P back above the 1,300 level in just a few trading days.
Even though the market's current base-building should make for a return to some relatively docile trading conditions this week, things are looking ever stronger for the bulls right now. All the more reason to take a look at attractive technical setups.Related: 3 Breakout Stocks Trending Higher 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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