CBS

One of the stocks to look at in the coming weeks is CBS. After the AEREO ruling, CBS had a huge pop and now it has came back down in the last two days close to the middle bollie. But the most important point to note in the chart is the TTM Squeeze and the declining negative momentum. The squeeze indicates that the price has been compressed for too long and this pent up energy needs to be released. Since the RSI has more room to run, it seems like it will release the energy in the upward direction and hence the pop. Also notice the low ADX (20.93). This means the IV is low and it needs to make a move in either direction. There are other indicators (not shown here) which are pointing that CBS is about to have a huge move upwards.