Tight Action Helps Ease Extension; Carpenter Tech, Ollie’s, Chipotle In Focus
After last week’s run, tight action is constructive
Stock Market Today With IBD · Investor's Business Daily
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Show Notes
With the Nasdaq composite’s run last week, a little consolidation of gains is just what the doctor ordered. Better yet, there are still stocks setting up nicely. Carpenter Technology got another bounce from its 50-day line and Ollie’s Bargain Outlet is trying to move out of a three-weeks tight pattern. But a dive in Chipotle Mexican Grill is a helpful reminder to pay attention to sell rules.
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