Trade Ideas Equities

Nov 23, 2024

BJ's Wholesale Club Holdings, Inc., together with its subsidiaries, operates warehouse clubs on the eastern half of the United States.
The above daily chart formed an approximately 3-month-long cup & handle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 91.28 levels acted as a resistance within this pattern.
A daily close above 94 levels validated the breakout from the 3-month-long cup & handle chart pattern.
Based on this chart pattern, the potential price target is 110 levels.
BJ, classified under the "consumer defensive" sector, falls under the “Large Cap - Value” stock category.

Stantec Inc. provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally.
The above daily chart formed an approximately 6-month-long rectangle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 87.68 levels acts as a resistance within this pattern.
A daily close above 90.31 levels would validate the breakout from the 6-month-long rectangle chart pattern.
Based on this chart pattern, the potential price target is 98 levels.
STN, classified under the "industrials" sector, falls under the “Mid Cap - Value” stock category.

USA Compression Partners, LP provides natural gas compression services in the United States. It offers compression services to oil companies and independent producers, processors, gatherers, and transporters of natural gas and crude oil.
The above daily chart formed an approximately 3-month-long rectangle chart pattern as a bullish reversal after a downtrend.
The horizontal boundary at 23.35 levels acts as a resistance within this pattern.
A daily close above 24.05 levels would validate the breakout from the 3-month-long rectangle chart pattern.
Based on this chart pattern, the potential price target is 25 levels.
USAC, classified under the "income" sector, falls under the “Mid Cap - Energy” stock category.

Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada.
The above daily chart formed an approximately 2-month-long cup & handle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 188.4 levels acts as a resistance within this pattern.
A daily close above 194 levels would validate the breakout from the 2-month-long cup & handle chart pattern.
Based on this chart pattern, the potential price target is 202.85 levels.
WCN, classified under the "industrials" sector, falls under the “Large Cap - Value” stock category.

Abercrombie & Fitch Co., through its subsidiaries, operates as an omnichannel retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally.
The above daily chart formed an approximately 4-month-long symmetrical triangle chart pattern as a bullish continuation after an uptrend.
A daily close above 165 levels would validate the breakout from the 4-month-long symmetrical triangle chart pattern.
Based on this chart pattern, the potential price target is 320 levels.
ANF, classified under the "consumer cyclicals" sector, falls under the “Mid Cap - Growth” stock category.

Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada.
The above daily chart formed an approximately 3-month-long cup & handle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 225 levels acts as a resistance within this pattern.
A daily close above 231.75 levels would validate the breakout from the 3-month-long cup & handle chart pattern.
Based on this chart pattern, the potential price target is 258 levels.
WM, classified under the "industrials" sector, falls under the “Large Cap - Value” stock category.

Donaldson Company, Inc. manufactures and sells filtration systems and replacement parts worldwide.
The above daily chart formed an approximately 4-month-long cup & handle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 78 levels acts as a resistance within this pattern.
A daily close above 80.34 levels would validate the breakout from the 4-month-long cup & handle chart pattern.
Based on this chart pattern, the potential price target is 88 levels.
DCI, classified under the "industrials" sector, falls under the “Mid Cap - Value” stock category.

Universal Corporation is one of the world's leading tobacco merchants. Incorporated in 1886, Universal is headquarters in Richmond, Virginia, in the United States.
The above daily chart formed an approximately 3-month-long rectangle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 55 levels acted as a resistance within this pattern.
A daily close above 56.65 levels validated the breakout from the 3-month-long rectangle chart pattern.
Based on this chart pattern, the potential price target is 65 levels.
UVV, classified under the "value" sector, falls under the “Small Cap - Consumer Defensive” stock category.