After plunging from about $285 to $246, the oversold giant just caught strong support. Better, the last time APD became this technically oversold, it bounced from about $226 to $285. A buy opportunity again now, I’d like to see APD initially retest $285 near term....
by Ian Cooper Keep an eye on oversold airline stocks. As noted by CNBC, “Summer air travel is expected to soar. The Transportation Security Administration screened a high of 2.99 million individuals on Sunday, June 23 – exceeding a record set just weeks earlier on May...
Keep an eye on oversold shares of United Airlines (UAL). As noted by CNBC, “Summer air travel is expected to soar. The Transportation Security Administration screened a high of 2.99 million individuals on Sunday, June 23 — exceeding a record set just weeks earlier on...
Keep an eye on Generac Holdings (GNRC). Should Category 4 Hurricane Beryl make its way into the Gulf of Mexico, and potentially onto U.S. shores, generator stocks like Generac Holdings (GNRC) could see further upside. All as the fear of power outages forces people to...
Keep an eye on cybersecurity stocks, like Palo Alto Networks (PANW). Related stocks could easily see higher highs, as cyberattacks get even worse. Most recently, CDK Global, a company that provides U.S. auto dealers with software for sales management, was shut...
Rebounding shares of Nvidia (NVDA) could see higher highs. All thanks to explosive demand for artificial intelligence technology. Plus, analysts at Citi just hiked their price target on NVDA to $150, with a buy rating. “The new price target stems from raised earnings...
After hitting a record high of $73,135, Bitcoin plummeted to about $60,000. “The leading token by market value has been buffeted by a six-day streak of outflows from dedicated US ETFs. Adding to fears of increased selling pressure, the rehabilitation trustee of Mt....
by Ian Cooper After hitting a record high of $73,135, Bitcoin plummeted to about $60,000. “The leading token by market value has been buffeted by a six-day streak of outflows from dedicated US ETFs. Adding to fears of increased selling pressure, the rehabilitation...
Buy now, pay later (BNPL) stock, Affirm Holdings (AFRM) is seeing signs of life again. All after Goldman Sachs initiated coverage of the stock with a buy rating with a price target of $42 a share. "We view AFRM as the leading provider of modern credit solutions for...
On April 24, we noted, “After testing a high of $171.59 on GTA VI hype, Take-Two Interactive (TTWO) plummeted to a recent low of $138.93 on the game’s delay. Nowadays, with most of the negativity now priced in, oversold shares of TTWO are a bargain. Plus, it’s...