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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+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 26, 2009: 01:00 PM

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