It has strong fundamentals and looks like it may have put in a double-bottom in the last few weeks.
This Quick Fiserv (NASDAQ: FISV) Trade Could Double Your Money
The thing that got my attention last night with the underlying stock was that the 10-day moving average just made a bullish crossover of the 50-day. We see the same thing happened in mid-February and then the stock rallied all the way up above $126. I’m looking for a similar outcome over the next five to six weeks and think the $125 range is easily within reach, which would more than double the value of our call option.
This PagSeguro Digital (NYSE: PAGS) Trade Targets a Potential 100% Return in Less Than 8 Weeks
The thing that jumps out at me on the underlying stock’s chart is the possible double-top pattern.
Trade Medical Properties Trust (NYSE: MPW) for a Potential 75% Return by October
This T-Mobile (NASDAQ: TMUS) Trade Targets a 100% Return in 2 Months
Last time we saw a setup like this, which was at the beginning of May, the stock jumped sharply over the next five weeks or so.
This Novartis (NYSE: NVS) Trade Could Double Your Money in Less Than 2 Months
I wasn’t really looking to make a sixth straight bullish trade recommendation, but that is where the data keeps taking me.
This Communication Services Select Sector SPDR (NYSE: XLC) Trade Targets a 100% Return by Mid-September
One bullish signal shows a 90% probability of an upward move in the underlying shares in the next month.
This Enphase Energy (NASDAQ: ENPH) Trade Could Deliver a 75% Return by October
Out of all the stocks available to trade right now, I feel like the fundamentals and chart for this one will give us the best odds of success.
This Etsy (NASDAQ: ETSY) Trade Targets a 75% Return in 2 Months
I am looking for the stock to make another leg higher over the coming weeks.