I'm listing two stocks to watch. Both are poised to move.
FYI: The market is trending higher but I noticed that Ross Stores Inc. (ROST) is under performing and looks like it's about to breakdown. If you're looking for a bearish trade consider ROST with a trigger under $43.70. Just watch for possible support at the 200-dma.
FYI Part II: I was going to add Medtronic Inc. (MDT) as a bullish trade tonight but halfway through my research saw that the company is poised to announce earnings tomorrow morning. Let's wait and see how the stock reacts to the earnings news. I was going to suggest bullish positions now with a stop loss at $38.90 since shares held the $39.00 level for the last two weeks. Target the $44-45 zone.