Charts| Stocks performance - MEI, ACNB, SCS, WGO & EPAC
Hello, everyone.
Today I bring you the latest on hot U.S. stocks: $Methode Electronics(MEI)$ $ACNB Corp(ACNB)$ $Steelcase(SCS)$ $Winnebago(WGO)$ $Enerpac Tool Group(EPAC)$
MEI $Methode Electronics(MEI)$ - Slight Up Channel
MEI: MEI - Slight Up Channel
A slight up channel on MEI Weekly chart. A downward trend can be drawn also that I expect a strong bounce off towards the top of the channel.
ACNB $ACNB Corp(ACNB)$ - Similar Double Tops
ACNB: ACNB - Similar Double Tops
Double Top patterns within an up channel. I expect the second double top to play out similar to the first, with a breakdown ensuing. Weekly Chart
SCS $Steelcase(SCS)$ - Trying to Find a Bottom
SCS: SCS - Trying to Find a Bottom
Potential bottom may emerge at the bottom of this little channel formed. If not a recovery here then recovery at the green horizontal line below. This will be the test if the channel is valid.
WGO $Winnebago(WGO)$ - Flat Bottom Within Up Channel
WGO: WGO - Flat Bottom Within Up Channel
A flat bottom has emerged along the bottom of a strong up channel on WGO daily chart. I expect a strong reversal mirroring the previous down move towards the strong bottom. Bullish expectations.
EPAC $Enerpac Tool Group(EPAC)$ - Up Channel Recovery
EPAC: EPAC - Up Channel Recovery
Up channel is present on chart. I expect a recovery up within the channel due to the presence of a double bottom along the lower band of the channel. Curves show this recovery well. Weekly chart.
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