Trade ideas for 8/25/2014: From MACRO to MICRO $XLK $XLV $XLY $ABCB $AHS $BH $ECHO $LABL $MITT $MMSI $MOVE $PMC

From the MACRO (ETF), down to the MICRO (caps), we see lots of highs. TECH and HEALTH dominate at both the ETF level down to micro-cap stocks that help make up iShares Russell microcap ETF (IWC). Below are presented interesting weekly charts, from a price and volume perspective, with a 5 and 20 sma overlay to lend a little context. Entries, as usual, are presented as the weekly close from the latest week, with a SUGGESTED stop (what you do with your system and capital is your business).

XLK_082214

entry: 40.1 stop: 30.6

XLV_082214

entry: 62.9 stop: 60.4

XLY_082214

entry: 68.6 stop: 65.9

ABCB_082214

entry: 23.3 stop: 21.7

AHS_082214

entry: 15.05 stop: 13.07

BH_082214

entry: 365 (short) stop: 407

ECHO_082214

entry: 25.4 stop: 23.5

LABL_082214

entry: 45.25 stop: 39.6

MITT_082214

entry: 19.5 stop: 18.8

MMSI_082214

entry: 12.2 (short) stop: 14.2

MOVE_082214

entry: 16 stop: 13.6

PMC_082214

entry: 25.6 (short)  stop: 28.8

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