As the title states, the consumer is strong in n the USA and Walmart is hands down one of the biggest winners. Look at their earnings statement. This is a longer term hold for my portfolio with a position started just before their previous earnings report.
Watching for possible breakout on $BABA.
I’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.
I’ve built positions in the green boxes, will add upon breakout and will take partial profit at $200 / share.
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. Drop a like and make sure to follow for future ideas!
I’m watching Palo Alto networks for a breakout. My stop will be a close below the .618 fib, double bottom, and trend line support. This company is one of the best out there and like my other idea on $CYBR, the need for cyber security is NOT going away anytime soon. Be sure to drop a like and a follow for more ideas!
Breakout of descending trend line and headed up. TPs are on the chart. I have a small position because it is counter the overall trend. I will watch around 21.00 to see if it will breakout of the current downward channel (blue lines).
Over the next several years, 5G technology will be rolling out across the world. Marvell is key to these upgrades and this will be a base for part of my long term portfolio.
As we can see over the past few days a strong rotation is taking place. Growth stocks are on the decline (providing lovely long term position opportunities), and some other stocks like Overstock are breaking out! I entered yesterday betting that the breakout was true and it was confirmed this morning with a huge gain. My TPs are on the chart. I’m going to TP 25%...
The SPX bounced swiftly off of the 9-10 year long term trend line and 200 week moving average confluence area as described on the chart. It has now come back into the trading range detailed on the chart. The buying and selling zones are going to be major areas for profit taking. Watch for price action and get in after a new move starts. It's truly that easy. Feel...
NASDAQ:NVDA WATCHING THESE LEVELS AND TREND LINE FOR BREAKOUT
NYSE:BOX BOX MIGHT BE BREAKING OUT. IS THE SKY THE LIMIT?
NYSE:AGCO LEVELS TO WATCH. IF PRICE SETTLES, LOOK FOR BREAKOUT AND BUY