Technical Analysis:
- Price cross 20 MA and above, and is above 200 MA
- Stock is on an uptrend, with 20MA > 50 MA > 200 MA
- Price has been consolidating horizontally and the last bar was a strong rejection of the bearish bar before that (Oil and gas sector fell sharply on the day before)
- Volatility is high
- Stock seems to be in the early uptrend stage...
A double top pattern was formed and the stock crashed and now price has retraced back to the resistance level, giving us another opportunity to ride the waves down. Near-term short signal has also appeared. Price failed to break above 200 MA, showing bearish sentiments.
Entry: 49.77
Stop Loss: 53.6
Take-Profit Target: 43.95
Technical:
- Cup and handle breakout pattern has formed and is playing out
- Price is holding up well above 200 EMA
- Strong uptrend is confirmed. As long as price is above 200 EMA, will continue holding.
Fundamentals:
- Catalyst may be the reopening of Chinese economy boosting demand for energy and natural resources, which in turns boost demand for...
Technical analysis:
- Cup and handle pattern
- Stock holding up well against SPY and QQQ sell off
- Price above 200 MA
- Strong uptrend observed
Fundamentals:
- Anti-cyclical business model and the ability to generate high free cash flow
- The company is benefiting from high demand and improved supply chain, leading to increased revenue. Demand stems from...
Technical Analysis:
1. BOX is holding up well despite the NASDAQ, S&P500 and many tech stocks sell-off for the past 5 trading days
2. Price is above 200 MA, and had a break out at 29.6
3. Average volume is high for the past few days during accumulation
Fundamental:
1. Recent upgrade by Morgan Stanley and JPM
Entry price: 29.60
Stop Loss: 26
Take-Profit Target: 34.77
Technical Analysis:
- Cup and handle pattern signals bullish strength
- Price breaks above 200 MA, we can use 200 MA as our stop loss
- Price stayed resilient despite the SPY ending deep in the red on 15 Dec 2022
Catalyst:
- Cancer mRNA vaccine completed pivotal trial (www.bbc.com). For pharmaceutical stocks, successful trials and FDA approvals act as very...
Technical Analysis:
A bearish head and shoulder pattern has emerged and a short signal appeared. A break below 273.6 would be a clear confirmation of long term downtrend.
Fundamental Catalyst:
LULU inventories increased 85% in Q3 2022 compared to Q3 2021. With over 60% of their revenue coming from retail, LULU will continue to face immense competition from...
