Two flag formations setup for potential double digit moves

With the market breaking new highs in Wednesday’s trading it certainly seems as though the bull market is still in strong force taking any kind easily in its stride. With such optimistic trading characteristics we found two stocks that are shaping up in some potentially explosive flag formation setups. IGT and CNAT have both had impressive rallies over the last few weeks and if the momentum in the market continues these patterns are known by traders to be able to put on quick double digit returns if they break through the immediate overhead resistance.

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John Seville

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