This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

3 Stocks With Bullish Technical Setups

Silver Standard Resources

Mid-cap silver stock Silver Standard Resources (SSRI - Get Report) has been a major beneficiary of silver's increase in price in the last 12 months. Shares of the miner have rallied more than 65% in the last year, underperforming the metal but grossly outperforming the equity market over that same period.

Now a bullish setup in Silver Standard suggests that higher prices could be on the way.

That's thanks to the inverse head and shoulders pattern that's forming in shares of SSRI. Simply put, a head and shoulders pattern is a pattern characterized by a major trough (inverse head) with two smaller troughs on either side (shoulders). When shares move above the formation's upside resistance level -- known as its neckline -- buyers have a trigger to buy shares.

Statistically, the inverse head-and-shoulders is a significant pattern that can result in successful trades - but the key is risk management. That means not entering the trade until a confirmed break above the neckline takes place. It also means keeping a tight protective stop as a contingency for failure.

Silver Standard showed up on a list earlier this month of four metal and mining stocks with upside.
2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
TCO $72.68 -0.19%
SSRI $9.13 4.50%
VVC $49.57 -0.50%
AAPL $92.15 -1.20%
FB $118.91 0.93%


Chart of I:DJI
DOW 17,680.37 +19.66 0.11%
S&P 500 2,050.19 -0.44 -0.02%
NASDAQ 4,710.1590 -6.9350 -0.15%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs