The underlying stock just hit the lower rail of an uptrend channel that its been in for seven months. With stochastic indicators in oversold territory, look for it to double from here like it did in March.
Designer Brands (NYSE: DBI) Just Broke Out. Here’s The Ideal Buy Level
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•Depending on the entry price, the target potential upside is 47% to 94% in the next 3-5 months.
How to Sell a Call Option on Western Union (WU) for High Income
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•We’re targeting annualized yields of 29.1% to 60.9%.
Upgrades and Downgrades for Friday, 1/29
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•Here are today’s upgrades and downgrades: Boeing, ADP, Bed Bath & Beyond, Harley-Davidson, Stitch Fix, Lordstown Motors and more.
Look For Workhorse (NASDAQ: WKHS) to Make a Move Higher in the Near-Term
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•Depending on the buy price, our target potential upside is nearly 14% to 44% in the next 3-5 months.
Trade American Electric Power (NYSE: AEP) for a Potential 75% Return in Seven Weeks
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•It’s my “Option Trade of the Day”.
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 Microsoft (MSFT), Advanced Micro Devices (AMD), Twitter (TWTR) and more.
Upgrades and Downgrades for Thursday, 1/28
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•Here are today’s upgrades and downgrades: Tesla, Twitter, Procter & Gamble, Colgate-Palmolive, American Express, Kroger, Bed Bath & Beyond, BJ’s Wholesale and more.
CarParts.com (NASDAQ: PRTS) Broke Out of a Strong Uptrend
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•Our target potential upside is almost 14% to 70% in the next 3-6 months.
Trade Physicians Realty Trust’s (NYSE: DOC) Drop for a 75% Return in Eight Weeks
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•Range bound for the better part of the last eight months, it’s now near the upper rail and tremendously overbought.