Stock Alert

J Crew Group (JCG) has formed a rectangular top. This formation is also know as a channel. A breakout to the upside occurred on Friday. This stock has been on an uptrend since April. To calculate a minimum target price, read on.

BioCryst Pharmaceuticals (BCRX) has potentially formed a double top. It has not broken through the horizontal support line, so it's not a valid pattern yet. See what happens. If it bounces up from the horizontal support line, consider going long. If you are considering going short read on.

FedEx Corp (FDX) has formed a broadening formation which is right-angled and ascending. This is typically considered a bearish formation. However, it appears that the price may have broken out to the upside.

J Crew Group (JCG) has formed a rectangular top. This formation is also know as a channel. A breakout can occur in either direction. This stock has been on an uptrend so the bias is up. But it's probably best to wait for the breakout to be safe. To calculate a minimum target price, read on.