American Superconductor, W.W. Grainger, Banco Argentina & UBS Buy Opportunities
Check out AMSC, GWW, BBAR & UBS.
American Superconductor · AMSC
Here’s the PIMM Trading System review:
P: Good: The price is above the dot in both the daily and weekly charts. The dot is almost touching the price in the daily chart so there might be a short-term dip.
I: Promising: The price is almost out of the Ichimoku cloud in the daily chart. It just entered the cloud in the weekly chart.
M: Good: The values are positive and the lines are sloping up.
M: Good: The price is above the 50-day and 200-day moving averages.
Analysis: The stock is setting up well. The price just got above the 200-day moving averages. It’s setting itself up for a good move. It’s an aggressive buy that could pay off if it stays above the 200-day moving average. Otherwise, waiting until the price gets above $29 is the safer play.
W.W. Grainger · GWW
Here’s the PIMM Trading System review:
P: Good: The price is above the dot in both the daily and weekly charts.
I: Good: The price is above the Ichimoku cloud in both the daily and weekly charts.
M: Good: The values are positive and the lines are sloping up.
M: Good: The price is above the 50-day and 200-day moving averages.
Conclusion: The price broke the downward trend on Friday, May 2nd. The price dipped shortly after that. The price has recovered that loss and continues moving higher. The stock is buyable in this somewhat aggressive buy. Otherwise, the buy zone starts $1,139.15.
Banco BBVA Argentina · BBAR
Here’s the PIMM Trading System review:
P: Good: The price is above the dot in both the daily and weekly charts.
I: Good: The price is above the Ichimoku cloud in both the daily and weekly charts.
M: Good: The values are positive and the lines are sloping up.
M: Good: The price is above the 50-day and 200-day moving averages.
Conclusion: The stock broke out by entering the buy zone. The buy zone starts at $22.21 and ends at $25.01.
UBS Group AG · UBS
Here’s the PIMM Trading System review:
P: Good: The price is above the dot in both the daily and weekly charts.
I: Good: The price is above the Ichimoku cloud in both the daily and weekly charts.
M: Good: The values are positive and the lines are sloping up.
M: Good: The price is above the 50-day and 200-day moving averages.
Conclusion: The stock broke above the downward trend line today. The price is now in the aggressive buy zone. The regular buy zone starts at $35.05 and ends at $35.80. Given such a small buy zone, it’s almost safer to buy in the aggressive buy zone.
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Disclaimer: The author is not a financial advisor. The information provided herein is not financial advice and should not be construed as such. This content is intended solely for educational purposes. The author will not be held liable if you decide to used this material as a basis for any financial decision-making. Investing involves risk, including the potential loss of your invested capital. Only invest what you are willing and able to lose.