— Dow stocks Apple, Exxon Mobil, Chevron and General Electric are trading well above their 50-day moving averages
— They have something else in common — one technician sees more upside for "There's a misperception out there that because a stock is overbought that that is bad," Craig Johnson, chief market technician at Piper Jaffray, told CNBC's "Trading Nation" on Apple, the world's largest company by market cap, is trading nearly 8 percent above its 50-day moving average, but Johnson says it's set to continue its move "Apple's already gone through a corrective move," he said
— Its shares are now more than 11 percent higher for the Like Johnson, Michael Binger of Gradient Investments sees more room to run for Exxon Mobil and "There's nothing like $70-$80 oil to really help these names like Exxon and Chevron," Gradient's senior portfolio manager said on Friday's "Trading Nation."
— Their cash flow profiles are getting One stock on which Johnson and Binger disagree is General Electric
— Where Johnson forecasts a "short-term bottom," Binger sees a fundamental picture that points to further "We'd prefer to stay on the sidelines of General Electric," said Binger