Update on some contrarian bottom plays -
TEVA - After crashing from 70s down to 10, TEVA has rebounded back above 20, so a nice bounce. Plenty of hurdles remain, but might be good as a longer term recovery play.
GE - The stock was cut in half in 2017, but the bad news just keeps coming and it recently broke support again. Key support to watch is 15. They have a big pension funding problem which will continue to hang over the stock.
Flowers Foods (FLO) - Some recovery has occurred and the chart has formed a moderately bullish ascending triangle over the past 1.5 years. Hopefully it will work its way back above key resistance at 20.
Stericycle (SRCL) - may have finally bottomed, but it looked that way a year ago and then fell even move. On the plus side, medical waste disposal should always be in demand.
Express Scripts (ESRX) - Nice bounce recently
