Outside reversal candlesticks in a key Technology subsector highlight upside exhaustion.
*** 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 17th to October 12th
- The stock has been supported over the past few months at its 20-day moving average (~59) and, while signs of upside exhaustion have become apparent in recent weeks, a positive intermediate-term (multi-month) trend persists; downside risks in the near-term are towards the rising 20-week moving average (~45).
- The construction company has seen upbeat revenue, free cash flow, and net income trends
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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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