Pages

Friday, January 27, 2017

NEW signals for 01-27-2017 $SYY $WU

Some new signals for today:

Sell signal was given to $SYY (last price: $53.03)

Sysco stock has been on a downtrend since December 20th, 2016. It seems to continue going in that direction, according to the UltimateAlgorithm. I would enter a position on a light recovery around $54 with a stop-loss at $54.80 and a Short price target of $50 and under.



Sell signal was given to $WU (last price: $19.59)
It seems as if Western Union stock has fallen off a cliff in the last few trading sessions, having dropped around 13% from its early-January highs.
A bet on further down days could prove attractive, given a stop-loss around $20.20 and a price target of $18.00. With a risk:reward of 2.85 this setup looks good in my eyes.



Last night, Alphabet ($GOOG, $GOOGL) reported earnings together with some other giants Microsoft ($MSFT) and Intel ($INTC). Preliminary action suggested not great results, Google having disappointed investors and analysts with its bottom-line results.
This could drag all of NASDAQ and the market as a whole to a red day/week. We will have to see how it ends, though.


To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

No comments:

Post a Comment