In a downtrend since February, the last two times the RSI was near 60, like this week, it dropped.
Pro Traders are Betting MILLIONS on These Stocks… Unusual Options Activity
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•We’ve scanned the market for unusual options activity and identified some of the most interesting mega trades. “Smart Money” traders are betting heavily on Alibaba (BABA), Advanced Micro Devices (AMD), SoFi (SOFI) and more.
Upgrades and Downgrades for Thursday, 7/1
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•Here are today’s upgrades and downgrades: Enbridge, DoorDash, Uber, Tractor Supply, Thor Industries, Micron, BNP Paribas, Accor and more.
If Jefferies Financial (NYSE: JEF) Breaks Resistance, Buy It!
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•Our target potential upside is 14% to 29% in the next 3-5 months.
Trade MPLX LP’s (NYSE: MPLX) Bounce To Potentially Double Your Money in Seven Weeks
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•The stock’s stochastic indicators made a bullish crossover last night. The last three times that happened it rallied over 20% within the next month or two.
How to Sell a Call Option on ContextLogic (WISH) for High Income
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•We’re targeting annualized yields of 151.9% to 221.6%.
Upgrades and Downgrades for Wednesday, 6/30
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•Here are today’s upgrades and downgrades: Micron, BHP Group, Royal Dutch Shell, Virgin Galactic, Rio Tinto, PulteGroup, Deutsche Bank and more.
Canadian Solar (NASDAQ: CSIQ) Broke Out and Has the Potential to Move Higher
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•Our target potential upside is almost 14% to 32% in the next 4-6 months.
Look For Lyft (NASDAQ: LYFT) to Drop Lower
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•Both the RSI and stochastic indicators were in overbought territory recently, and the stochastic indicators made a bearish crossover last night.
Trending Stock of the Week: How to Trade ContextLogic (NASDAQ: WISH) Now
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•Here are bullish and bearish ways to trade it with potential upside from 29% to 55% in the next 1-6 months.