Stock Watch for October 16, 2019

ACOR has been on a downtrend for over a year now with several setups along the way. It could be bound for another 10-20% drop if the 2.27 support breaks based on the currently forming descending triangle. However, if the price jumps and the resistance gets cleared out, the next hurdle could be 4.46.


EXPR gliding within the range with the key support and resistance levels marked on the chart above.


MEET could be forming a pennant formation and a break above the resistance could propel the stocks higher. With the possibility it continues to climb, the key price markers to watch out for on the way up is 4.66 then 4.84. On the flip side, if the pennant breaks down, a good stronghold could be 4.18.