Four companies reporting quarterly results pre-market on Tuesday:
Autozone (AZO) ($411.29): Set a multi-year high at $423.46 on May 10. The weekly chart profile is positive but overbought with the five-week MMA at $402.27. My monthly value level is $404.51 with a semiannual pivot at $409.61 and quarterly risky level at $436.58.
Home Depot (HD) ($76.86): Set a multi-year high at $78.54 on May 16. The weekly chart remains positive but overbought given a close this weekly above the five-week MMA at $73.41. My quarterly value level is $68.76 with a monthly pivot at $76.71 and weekly risky level at $78.11.
Saks (SKS) ($11.85): Has been moving sideways between $10.78 and $12.16 since April 12. A month ago the Saks store in Tampa Bay, Fla., was closed abruptly to be replaced by a Dick's Sporting Goods store. The weekly chart profile is positive given a close this week above the five-week MMA at $11.65. My monthly value level is $10.11 with a weekly pivot at $11.69 and semiannual risky level at $13.81.TJX Stores (TJX) ($51.33): Set a multi-year high at $51.84 on May 15. The weekly chart remains positive but overbought given a close this week above the five-week MMA at $48.75. My semiannual value level is $48.10 with a weekly pivot at $51.39 and annual risky level at $52.67.
Three companies reporting quarterly results pre-market on Wednesday: American Eagle Outfitters (AEO) ($20.05): Set a 2013 trading range between $22.63 on March 5 and $18.04 on March 27. The weekly chart profile stays positive with a close this week above the five-week MMA at $19.52. My monthly quarterly value level is $18.70 with a weekly pivot at $19.84 and semiannual risky level at $23.16.
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