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Wednesday, February 22, 2017

New signals for 02-22-2017 $MET $PEG $OKE

Hi everyone,

For today we have 2 new Buy signals and one Sell signal:

Buy signal was given to $MET (last price: $53.35)
Metlife stock was given a Sell signal on February 6th. That did not turn out too well, and the stock has reached my posted stop-loss. Now it is a Buy according to my UltimateAlgorithm. I would act in caution here, as it seems the stock is still looking for a direction to go.

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Buy signal was given to $PEG (last price: $44.33)
$PEG broke out yesterday's from a small sideways trend that began in January. This could mean a leg up is bound. with a stop-loss under that trend, the stock could climb 5% in the near-term.


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Buy signal was given to $OKE (last price: $54.22)
Oneok stock has been consolidating in a bearish wedge for several weeks now.
It looks ripe for breakdown just a few trading sessions from today.
Look for a Short under the support line (around $53.40).

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That's it for today. Have a great one!

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.

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