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Only a handful of S&P 500 companies are reporting on Friday, November 7 — so I’ve expanded today’s review to include a few non-S&P stocks from Kiplinger’s earnings calendar.
🔍 Highlights
1️⃣ Duke Energy (DUK) — Pulling back nicely into the Bull Support Power Zone, and showing a fresh Gann Candlesticks pattern from November 3 that supports potential upside. I’m watching this one closely for position-building opportunities in the weeks ahead.
2️⃣ KKR & Co (KKR) — Still moving sideways within its early-year range. A push above the October 22 high would be needed to shift this setup from neutral to Bullish.
3️⃣ Franklin Resources (BEN) — Consolidating between its October 10 high and October 17 low. Waiting for a clean break in either direction before taking action.
4️⃣ MarketAxess Holdings (MKTX) — Recovering from its downtrend but still under the October 13 high. While that remains the case, I’d stay cautious or protect existing long positions.
5️⃣ Brookfield Infrastructure Partners (BIP) — Another consolidation example, this time in a tilted rectangle pattern. As long as it holds above the September 30 low, there’s room for a move back toward the October 2024 highs.
6️⃣ TELUS (TU) — Beaten-down but approaching support from April 9. If it can stabilize here and form a tradable low, a bounce toward the 16.00 – 17.00 area could follow.
On a few of these stocks, there’s consolidation. Whether it’s a triangle or tilted — draw your boundaries and set alerts. That’s how you catch the next breakout while keeping risk contained. If you’re finding value in these earnings breakdowns including education and trade insights, hit the 👍 button over on my YouTube Channel
~ Hima
PS Our Events calendar has been updated! See what’s on deck for November (including this week!) at himareddy.com/events
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