End of week selloff places a pin in the rally off of the March lows.
*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.
Stocks Entering Period of Seasonal Strength Today:
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Stock Highlight:
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- Optimal holding period from June 7th to November 2nd
- The stock has been on a steady rising trend since last November after a head-and-shoulders bottoming pattern broke its declining trajectory. Stop loss appropriate at 20-week moving average support (481)
- The marketer of fuel products and convenience store merchandise saw abnormally strong net income and free cash flow during the first quarter, even as revenues remain steady
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Disclaimer: Comments and opinions offered in this report are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered is believed to be accurate, but is not guaranteed.
Super Simple Seasonal Portfolio
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