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[Platinum Watchlist] (8.9.23) 2 Stocks
[Platinum Watchlist] (8.9.23) 2 Stocks
August 22, 2023
Good morning.
Stock futures are up slightly this morning as the markets are waiting for CPI data tomorrow.
CADE price action fell with the broader market yesterday recovering over the course of the day. Support is at the 9 with resistance at 26.38. All the oscillators are still in the he green, however MACD is showing some weakness. A limit sell order will be set above around the 9-day SMA prior to tomorrows CPI report. This position is currently providing the paper trade portfolio with a $0.95 / share unrealized gain as of yesterday’s close.
TRMB price action triggered a sell limit at 54.44 yesterday as the stochastic had a negative crossover of the %D line. This was the third day of declining price action with a negative trend. This position provided the paper trade portfolio with a 0.26% gain or a small $14.00 gain. A sell alert was not sent as I was away from the market for the day as I’m on vacation.
Have a great day.
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