Michael Kors, Chesapeake, BofA: How to Trade Wednesday's Most-Active Stocks
Here's how to trade the most-active names on the market Wednesday.
Bank of America(BAC) - Get Report
BofA is dropping on lowered expectations for trading revenues - shares are testing a key breakdown level on the chart.
iPath S&P 500 VIX Short-Term Futures ETN(VXX) - Get Report
VXX continues to point lower as long as the uptrend in the S&P remains intact.
Chesapeake Energy Corp.(CHK) - Get Report
CHK is testing a key technical level today. If shares violate $4.85 support, it's a sell.
Michael Kors Holdings Ltd. (KORS)
KORS is plunging on a weak forecast. The chart signals the potential for more downside risk ahead.
Read Full Article: BofA, Chesapeake, Michael Kors: Trading Wednesday's Most-Active Stocks
This article was written by a staff member of TheStreet.
