Six technical trades targeted for big profits

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technical tradesWhen selecting which stocks to buy, ratings from agencies like Standard & Poor's can be useful in creating a balanced portfolio.

But did you know technical analysis is the most accurate way to predict where a stock -- or the market for that matter -- is going?

Technical analysis is more of an art than a science, but when used correctly it can boost your profits to new heights. I took a look at stocks that S&P has a four- or five-star rating on and analyzed their charts to come up with six great technical trades for you.

Click on each stock to learn more.

Stock #1: Apache Corp. (NYSE: APA)
Stock #2: AT&T (NYSE: T)
Stock #3: Avnet Inc. (NYSE: AVT)
Stock #4: Bank of America (NYSE: BAC)
Stock #5: SPDR S&P Homebuilders ETF (NYSE: XHB)
Stock #6: Dollar Tree (NASDAQ: DLTR)

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Symbol Lookup
IndexesChangePrice
DJIA+150.2510,058.64
NASDAQ+24.822,150.87
S&P 500+13.781,070.52

Last updated: February 09, 2010: 04:53 PM

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