Take a Break from the Ferguson Coverage for These Ideas

Hain Celestial Group is basing tightly with the context of its strong uptrend for a potential squeeze higher yet into the holidays. This is a solid company and still a viable takeover target. On the first daily chart, below, you can seed the sound consolidations. I see a move over $109.70 as being an actionable long entry with a stop under $104. And on the short side, energy stocks are sliding with crude. If the XLE ETF, seen in the rising channel on the second daily chart, below, loses $86 I am considering ERY as a leveraged short instrument for the energy sector.