Some Consumer-Non Stocks

Kroger(KR)Nice Wave 1, Wave 2 pull Back.

Seems like they are flocking to this Safety play.

In trading with TK Terms Break out Pull Back... and it's ready for a Go!!

Seems like it's worth $4 to the upside which is 10%

How About a Classic.

Johnson and Johnson(JNJ)

Get your Band-aids here.

Macro chart above, Nice ABC correction. We now have a Very nice uptrend setup for ..Again a Break out, Pull back GO!!

Here is the micro chart... Seems like there are some nice Panics, which are setting up as totally Buys... The last 2 days show some nice Consolidation, as the market is gripped with fear the JNJ looks good.. Seems like 68 is very possible, Limited Risk....

Soup Is Good food

Campbell's Soup(CPB)

Some Great Consolidation over the past Few Weeks, high volume sell off, the is bouncing back on greater volume. The 5DMA is above the 10, above the 20(sort of).Above it's 200dma, Though still down-sloping. The 50DMA is also sloping up... Easily a move to 36 if not 38.

The bogeyman had it last week and the bulls have it now.
How about a Coke and a Smile

KO

Great EW... on the macro scale. The recent pull back shows Some nice Waves 1-5 in an ABC pattern... 2 days of a solid base.... It is High risk, but with enough of the bogeyman it could see 60 in the next 2 months. Probably feel better about it if it could break 52