It printed a bearish engulfing pattern yesterday and the RSI and stochastic indicators are extremely overbought.
Upgrades and Downgrades for Tuesday, 3/9
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•Here are today’s upgrades and downgrades: Tesla, Stitch Fix, Tanger Factory, Bloomin’ Brands, Wheaton Precious Metals, Kinder Morgan, Cactus and more.
The Top 10 Stocks to Watch This Week for Possible Breakouts
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•These stocks look poised to make a move in the coming days: LGI Homes (LGIH), Regal Beloit (RBC), Boingo Wireless (WIFI) and more.
Nov (NYSE: NOV) Looks Ready For A Surge
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•Our target potential upside is 43% to 71% in the next 3-6 months.
Trade iShares MSCI Hong Kong ETF (NYSE: EWH) to Potentially Double Your Money in 6 Weeks
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•The stochastic indicators are in oversold territory and made a bullish crossover on Friday. We saw similar signals in early November, mid-December, and early February and all three of those signals preceded strong upward moves.
Upgrades and Downgrades for Monday, 3/8
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•Here are today’s upgrades and downgrades: Microsoft, NextEra Energy, Target, Fastly, Zoetis, Lemonade, Peloton, HelloFresh and more.
Trading iShares U.S. Real Estate ETF (NYSE: IYR) Targets a 75% Return in 6 Weeks
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•The underlying security made a huge rally the last time we saw both the RSI and the stochastic indicators in oversold territory like they are now.
Look For Vale SA (NYSE: VALE) to Resume Its Uptrend
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•Our target potential upside is 24% to 46% in the next 4 to 6 months.
How to Sell a Call Option on Advanced Micro Devices (AMD) for High Income
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•We’re targeting annualized yields of 36.8% to 72.4%.
Upgrades and Downgrades for Friday, 3/5
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•Here are today’s upgrades and downgrades: Cisco, Exxon Mobil, Boeing, Oracle, Caterpillar, Nikola, Skyworks, Smith & Wesson Brands and more.