Stocks This Week: Buy Sun Trust Banks And Weyerhauser

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Here are a pair of stocks that are likely to rally over the near term.

The Sun Trust Banks weekly cycle turns up in the next few days. All of the ten buy signals have proven profitable in the last year. Chart 2 reveals a higher low in momentum and a new relative strength high. The shares are likely rise closer to $72 or better in the next week.The technical condition is constructive.

The weekly cycle for Weyerhauser turns up on the second. There have been five buy signals in the last year and all have been effective. This cycle peaks late in the month. Chart 4 shows that relative strength has hit a new high and that momentum shows a series of higher lows. The stock is due to rise over $30.Relative strength has been strong.

 

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