Snap-OnSnap-On (SNA - Get Report) is showing traders an identical pattern right now, albeit with a more textbook context. Like Weight Watchers, Snap-On has been bouncing within a triangle pattern, hitting its head on resistance at $80 to the upside and an uptrending support level that's effectively come in at the 50-day moving average. The breakout above $80 is our buy signal for this stock.
5 Trades to Profit From a January Rally
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