Rich Ross Sees Upside Potential In Walt Disney Co, United Continental Holdings Inc And Biogen Inc

Rich Ross of Evercore spoke on

about stocks that have had big pull backs, but also have big upside potential by the year end. Ross named

as his first pick. The stock formed a double bottom and it is now testing its 200-day moving average. He thinks that eventually

is going to break above its 200-day moving average and by the year end it is going to fill the gap and reach $120, because there is not much resistance above 200-day moving average.

has been falling for the most of the year, but it has started to bottom much earlier than the broad market and now it is testing its 200-day moving average. Ross also noticed a bullish flag pattern on a chart and he is expecting a continuation pattern on the upside, with a projected target at $70. Ross believes that a decline of 5.56 percent in

is a great buying opportunity. He said that during the year the stock has formed a head and shoulders top formation and now, after a decline of 38 percent form its highs, it is forming a head and shoulders bottom formation. He sees a possible move higher to $375.