News / Uncategorized
[Platinum Watchlist] (7.21.23) 3 Stocks
[Platinum Watchlist] (7.21.23) 3 Stocks
August 22, 2023
Good morning.
There was a Sell Alert yesterday for MU due to declining investor sentiment in the semiconductor sector. See the post above for mor details.
NSC continues its upward price trend between support at the 9-day SMA and the upper Bollinger Band. All the oscillators are in the green. This position is currently providing the paper trade portfolio with a $5.47 / share unrealized gain as of yesterday’s close.
PKG price action is trending up along the upper Bollinger Band with support at the 9-day SMA and sell order found around 138.19. This position is currently providing the paper trade portfolio with a $1.53 / share unrealized gain as of yesterday’s close.
BAX price action gapped up above the upper Bollinger Band. Support is at the 9-day SMA with resistance at 50.36. This position is currently providing the paper trade portfolio with a $2.43 / share unrealized gain as of yesterday’s close.
As it is Friday, the plan will be to manage the current positions in the paper trade portfolio and not add any additional stocks prior to the weekend. Check out the share stocks channel for a look at some companies with price action trending above their 200-day SMAs.
Our goal is to maximize gains and reduce the probability of significant losses. It is important to set stop-loss orders to protect your profits. This will help you to limit your losses if the trade goes against you.
Have a great weekend – See you at today’s ZOOM call! This information is for educational purposes and not a recommendation to buy or sell a stock.
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