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Cycles can assist in timing stock purchases. Welcome to the first Stocks This Week column. The underlying cycles concept was explained in a posting on April 6th. Software has been directed to plot the most probable course of stock prices over the coming month. The S&P 500, the Nasdaq 100 and the Dow Jones Industrials constituents were screened. The results were analyzed to determine the stocks that are most likely to move up or down in the coming week. Here are the results.
Tesla Motors has generated sixteen trades in the last year. Six of the eight short signals have been profitable. All eight buy signals have been successful. The stock cycle projection points to a decline from April 15th through April 24th. This provides a shorting opportunity late in the coming week.
Chart 1
The Tesla cycle hits a peak at the end of this week.
Chart 2
Here is Tesla's daily bar chart.
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The Apple cycle gave a buy signal late last week and projects a sell signal on the 19th. There have been twelve signals in the last year. All six buys and all six sells have been profitable. The stock is likely to run closer to $175.
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Cycles can assist in timing stock purchases. Welcome to the first Stocks This Week column. The underlying cycles concept was explained in a posting on April 6th. Software has been directed to plot the most probable course of stock prices over the coming month. The S&P 500, the Nasdaq 100 and the Dow Jones Industrials constituents were screened. The results were analyzed to determine the stocks that are most likely to move up or down in the coming week. Here are the results.
Tesla Motors has generated sixteen trades in the last year. Six of the eight short signals have been profitable. All eight buy signals have been successful. The stock cycle projection points to a decline from April 15th through April 24th. This provides a shorting opportunity late in the coming week.
Chart 1
The Tesla cycle hits a peak at the end of this week.
Chart 2
Here is Tesla's daily bar chart.
Shutterstock
The Apple cycle gave a buy signal late last week and projects a sell signal on the 19th. There have been twelve signals in the last year. All six buys and all six sells have been profitable. The stock is likely to run closer to $175.
Read Again https://www.forbes.com/sites/greatspeculations/2018/04/08/stocks-this-week-short-tesla-and-buy-apple/Bagikan Berita Ini
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