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

5 Stock Charts You Need to See

General Growth Properties

Real estate investment trusts (REITs) have been on fire in the last year and change, enjoying a combination of a rebound in real estate prices and the price benefits of huge yields in a zero-rate environment. Mall owner General Growth Properties (GGP - Get Report) is one example of a REIT that's set to move even higher in 2013 thanks to the technical setup that's been forming in shares for the past few months.

GGP is currently forming an ascending triangle pattern, a price setup that's formed by a horizontal resistance level above shares, and uptrending support to the downside. Essentially, as GGP bounces in between those two technical price levels, it's getting squeezed closer and closer to a breakout above that resistance level. Complicating things a little is the fact that GGP's resistance level is actually a range between $20.50 and $21. While the 50-cent range obscures the buy signal here a bit, the trading implications are still the same.

If you're looking to buy the breakout in GGP, just fit the breakout level you use to your risk tolerance. More risk-hungry investors should be looking to enter closer to the bottom of the range at $20.50, while the risk-averse should use $21 as the buy signal for this stock. The earlier entry provides more potential upside, but a slightly higher chance of a fakeout. Either way you play it, keep a protective stop just under the 50-day moving average.
5 of 6

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
BBL $35.67 0.00%
COP $56.28 0.00%
GGP $27.31 0.00%
GOOG $639.16 0.00%
SYY $40.95 0.00%


Chart of I:DJI
DOW 17,050.75 +138.46 0.82%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,810.7880 +19.6360 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs