3 Bottoms On Tetra Technologies

Tetra Technologies

 

TETRA Technologies, Inc. (TTI) together with its subsidiaries, operates as a diversified oil and gas services company. It operates through four divisions: Fluids, Production Testing, Compression, and Offshore.

TTI is in the process of completing a triple bottom formation. A breakout above the neckline at 7.70 would imply a target of $10.50.

 

 

Expeditors International of Washington Takes off

EXPD

 

Expeditors International of Washington, Inc. (EXPD) provides logistics services. The company’s services include air and ocean freight consolidation and forwarding, customs clearance, warehousing and distribution, purchase order management, vendor consolidation, time-definite transportation services, cargo insurance, and other logistics solutions.

EXPD almost completed a 4 year inverted Head & Shoulder pattern. The stock broke out in February but pulled back into the pattern where it formed a five months flag.

Now EXPD has moved out of the flag to the upside. The implied target is $61.

 

 

 

A Boston Top

Boston Scientific Corp

 

Boston Scientific Corporation (BSX) develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in three segments: Cardiovascular, Rhythm Management, and MedSurg.

BSX has almost quadrupled in value since mid 2012. Now, BSX is showing a 5 months multiple tops pattern with a neckline at 17. A close below that would imply a target of $15.50.