Skip to content

News   /   Uncategorized

[Platinum Watchlist] (6.20.23) 4 stocks on the Radar

[Platinum Watchlist] (6.20.23) 4 stocks on the Radar
August 22, 2023

Good morning.  

Futures are down this morning as current market conditions are being affected by hawkish Fed speak and upcoming congressional testimony from Powell this week.  

Cost basis on AIG is just below the 200-day SMA at 56.21. The 9-day SMA just crossed over the 200 and is now providing price action support. Resistance can be found at 58.25. The upper Bolinger Band is at 57.88. The paper trade portfolio is currently up $1.09 / share on this position.  

PG closed above cost basis of 148.45 on Friday. Support is found around the 20-day EMA with resistance at the 50-day SMA. All the oscillators remain in the green. The paper trade portfolio is currently up $1.09 / share on this position.  

RE had a full candle close above the 9-day SMA on Friday with a crossover of the MACD line. The RSI is below the 50 level but trending upward. There will be resistance at 357.37. Prudence would suggest setting a lower buy limit to try to get a better cost basis if you are so inclined to enter a position.  

ATVI is trading above all of the critical SMAs, and the oscillators are in the green. Support is found at the 9-day SMA with resistance at 84.29.   

We are coming off an extended weekend so be cautious when entering orders within the first 30-60 minutes of trading as the order books work to move the backed-up orders.   

Have a great day.  This information is for educational purposes and not a recommendation to buy or sell a stock.

Share this article:

More in Uncategorized:

Best of US Investors

Hedge funds and banks typically use multiple time frames for intraday trading

Hedge funds and banks typically use multiple time frames for intraday trading, as this allows them to gain a comprehensive...

Trent Grinkmeyer in front of stock market with bull background

Trent Grinkmeyer
August 30, 2024

Best of US Investors

Nvidia Earnings Call: A Record Quarter with a Twist

Nvidia’s Q2 earnings call was a mixed bag, with the company reporting a record quarter but also revealing a drop...

Kerry Grinkmeyer in a suit standing in front of a stock chart with a bull on it

Kerry Grinkmeyer
August 29, 2024

Best of US Investors

Nvidia Earnings: A Critical Moment for Big Tech

As we approach Nvidia’s earnings report, the tech world holds its breath. This isn’t just about one company’s performance; it’s...

Trent Grinkmeyer in front of stock market with bull background

Trent Grinkmeyer
August 28, 2024

Best of US Investors

The Sleeping Giant: Why Intel is an Undervalued Stock

As the world’s largest semiconductor company, Intel (INTC) has long been a household name in the tech industry. However, despite...

Kerry Grinkmeyer in a suit standing in front of a stock chart with a bull on it

Kerry Grinkmeyer
August 23, 2024

Best of US Investors

The Trillion Dollar Addiction...

The Trillion Dollar Addiction That Amazon, Google, Meta and Microsoft Will Be Selling Next Year As I discussed in my...

Kerry Grinkmeyer in a suit standing in front of a stock chart with a bull on it

Kerry Grinkmeyer
August 19, 2024

Best of US Investors

What is an AI Agent? What Can It Do For You? Where Can You Get One?

As I discussed with my tribe during our recent stock talk, I’m excited to share with you the concept of...

[Platinum Watchlist] (6.20.23) 4 stocks on the Radar
August 18, 2024

Register for the Best of US Investors Newsletter

Get daily financial news delivered to your inbox. Join today.

©2024 Best of US Investors. All rights reserved.

Site by KMA

Disclaimer

This Best of US Investors website is not and should not be considered investment advice. This Best of US Investors website is for informational purposes only. Nothing on this Best of US Investors website constitutes a recommendation to buy, sell or hold any security at any time. Always consult with a financial professional that is familiar with your specific situation before making any investment or trade.

Use of this Best of US Investors website is at your own risk. Best of US Investors makes no warranties about the accuracy, completeness or reliability of any content on this Best of US Investors website.

All the information on this Best of US Investors website is provided “AS IS”. Do not rely on any statements made on this Best of US Investors website.

In no event shall Best of US Investors be responsible or liable for any damage that occurs while using or reading any content on this Best of US Investors website.

Best of US Investors may have a position (long, short or neutral) in any security mentioned on this Best of US Investors website and therefore may realize significant gains in the event that the price of the security mentioned on this Best of US Investors website declines or appreciates.

Best of US Investors may buy and/or sell any security mentioned on this Twitter account at any time and for any reason. I may trade contrary or different to the information provided on this Best of US Investors website. You should assume that any email or post on this Best of US Investors website may cause the price of the security mentioned to appreciate or decline in a dramatic way.

Best of US Investors may continue to transact in any security mentioned on this Best of US Investors website an indefinite period of time after any email or post and such positions may be long, short or neutral at any time hereafter regardless of the initial view or positions stated on this Best of US Investors website.

In no event shall Best of US Investors be liable for any claims, losses, costs or damages of any kind including direct, indirect, punitive, exemplary, incidental, special or consequential damages, arising out of or in any way connected with any information presented on this Best of US Investors website. This limitation of liability applies regardless of any negligence or gross negligence of Best of US Investors or any company affiliated with Best of US Investors. You accept all risks in relying on the information presented on this Best of US Investors website.

If any statement in this legal disclaimer is held to be invalid or unenforceable, then the remaining provisions shall continue in full force and effect.

For more information, contact [email protected] .