NEW YORK (TheStreet) -- Ahead of a three-day weekend, U.S. stocks continued to build on gains since last week's short-lived freakout. Here is a sampling of some great charted ideas to sit with this weekend as you plan your strategy for next week.
First up is this chart on Herbalife (HLF) that hints at possible good days ahead for notable short-seller Bill Ackman:
Facebook (FB) is slated to release earnings next week. This chart displays the path of least resistance:
Chevron Corp (CVX) had a fantastic week, but Robert Lesnicki points out a significant technical hurdle that will need to be overcome if the upside party is to continue:
While nobody welcomes higher commodities prices, the intrepid among us may look to consider taking a long position in the Agriculture ETF (DBA) to hedge our costs at the grocery:
Now here's some bigger picture thoughts for both bulls and bears to ponder. Since the bulls won this week, we'll present their case first. Sheldon McIntyre suggests selling may have already exhausted itself:
And Serge Berger points out a possible capitulation low in the small cap arena:
Meanwhile, for the bears... here's a chart that shows some resistance that at the very least is keeping a lid on prices in the near term:
David Blair points us to a decision point in the Utilities space that may resolve itself to the downside:
And to finish us off and scare the hell out of everyone, Chris Kimble swoops in with this nugget (correction: Chris later pointed out the 2007 data point should actually read 2000):
Have a great weekend, all. Follow me on StockTwits: @chicagosean
At the time of publication, the author held no positions in any of the stocks mentioned.
This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.