General Motors (GM) - Get Report broke through $38 resistance in Wednesday's trading session. That's a buy signal. Nike (NKE) - Get Report is forming a short-term ascending triangle pattern that triggers a buy above $54. GlaxoSmithKline (GSK) - Get Report looks "bottomy" thanks to a classic technical price pattern. The buy signal comes on a push through $39.75.
Microsoft (MSFT) - Get Report , after rallying for the better part of the last year, is still a "buy the dips stock" this winter. Novartis (NVS) - Get Report has an inverse head and shoulders pattern sparks a buy signal on a move through this stock's $74 level.
This article was written by a staff member of TheStreet.