Hello fellow traders and investors, this is just a quick trade idea on the stocks I am paying the most attention to. Appl and Etsy are great companies and are low-risk trades. If you are just starting out as a beginner trader or if you prefer to keep your trading style lower risk I would recommend buying these stocks. If you are a trader that wants low risk but higher returns I recommend you buy shares in Etsy since I am forecasting a 35% recovery.
Technicals:
RSI is oversold
Macd is oversold
The MA's are indicating that they are still in a downtrend
Rating: 100/100 technicals are great and so are the fundamentals and the trade is low risk with a pretty good return. I am personally invested in both but I am going to add to my Etsy position.
I hope you enjoyed this quick analysis and many more to come.
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If you have any questions send me a message and I'll gladly respond.
Thanks