LEN - Big Beat, Big Spike, Big Retrace?Lennar had a great quarter and as long as the consumer in the United States stays strong and interest rates stay low, they will continue to do well.
So what gives? Why did it retrace today? Yo be honest, I don’t know but what I DO know is that I would be very interested at the 52-54 level if the price does not break up above the yellow counter trend line. If we get a weekly close above the trend line I will initiate the position and ride it back to ATH’s.
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Caseywarning
GS to SOARAccording to goldman sachs, their stock is unfairly undervalued. They believe their stock should be trading at $400 per share, which tells me that they're gearing up for some changes. My year end price target is back to all time highs. If it hits, I will hold should accumulation present itself.
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ZM - Possible 35%+ Move AheadZoom media has found a possible very rare triple bottom as indicated on the chart. This company is actually profitable and doubling it's revenue year over year, and hasn't even broken into the mobile market yet. This year should be interesting, as my model suggests a 35% move is on the horizon.
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WING - Growth Back into Fashion in 2020One of my favorite companies with a model that is lean and high margin profits is WINGSTOP. My models tell me that Wingstop will rise a minimum of 15% by the end of CY 2020 and up to 50% from the current price in 2021!
If you have questions please feel free to PM me or use the comment section below! Like and follow for more ideas, and updates to older ones!
AYX - A 15% Move AheadOne way or another, this stock will move up or down 15% by years end. My stake in it is very small and will hold as long as the ascending trend line holds. I expect it to breach $122 by the end of the CY 2020.
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BAH - It’s a BreakoutClassic consolidation and breakout. This is exactly the type of stock that will do well in an uncertain geopolitical climate with potential military conflict on the horizon. I will hold as long as the green trend line is underneath price.
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CYBR - It's Up from HereCyber security stocks are on the rise. Did you see my post on CRWD? BOOM! I will wait for a daily close outside of the downward trendline and ADD to my current position. I will hold as long as the green TL is holding.
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RTN - My $240 Price TargetWith price nearing ATH, Raytheon's merger with UTX should drive the stock higher this year. Although my price target is only 10% above the current price, I will hold as long as the yellow ascending trend line holds. RTN has a very stable dividend of 1.68% and still has growth prospects which makes this stock a double-whammy win.
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ATVI - Break and Test3 words: CALL OF DUTY. ATVI's mobile game is exploding among many demographics. My CY 2020 price target is $65 but would not be surprised if it goes up to $67. We just got a retest of the broken level from last year. As long as the ascending trendines hold, I expect my target to be reached.
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Pioneer BreakoutHappy new year everyone! We need to see a solid weekly close above the red descending trend line. If it is up significantly I will add near the end of the close today. If not, I’ll wait for price to confirm next week. Putting a small position on now is not a bad idea and adding as it rises after breakout because momentum will carry this breakout significantly. Good luck! PM or comment with questions!
RH - Did you Listen to the Earnings Call??Wow what an amazing earnings call! I encourage everyone to do their own research including listening to earnings calls. This was a massive beat and raise full year guidance and a ton of optimism for international expansion. My targets are on the chart, but technically speaking, this stock could double its current price especially with YOY sales growth and a massive 42% margin on products. If the weekly candle closes above its previous all time high, I might be adding positions. More to come!
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Gotta Have a PLANAn entry in the 44 to 48 per share range would be perfect in another marketwide selloff. I’ll be building a position from current price down to 44 and watch price action to guide me further. The fundamentals are on the buyers side.
Workday - Great Cloud Based SoftwareThis is an excellent company with excellent growth with nothing in the way of further growth. HR solutions in the cloud will ultimately reduce the need for HR on site, especially for larger companies who have greater need for higher numbers of HR generalists. Im waiting for a sign on the higher time frame for confirmation for further movement up.
Cyber-Ark - The Need for Cyber Security Will Only GrowI’ve already started building the position but if price comes back to $88.00 to $100.00 I will be backing up the truck and purchase as much as my portfolio allows. Cyber security is always going to be needed. I wouldn’t be surprised if this was a take over target at some point in a market wide selloff.
T-Mobile - DONT Bet Against it Large cap stock with trend line support. Excellent growth and a future merger with Sprint will unlock huge value. I have accumulated positions here and will add upon breakout. My stop is a close below local low and trend line support.
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