Friday, March 10, 2017

New signals for 3-10-2017 $TRIP $MSI $AES $HRL $LVLT $MAT $NBL $URBN

Hi everyone,

The past week saw little activity of signals from my algorithm.
However, for today and yesterday we received a bunch of new Buy and Sell signals.

To begin with our Buy Signals:

Buy signal was given to $TRIP (last price: $43.59)
The tide may be turning to the positive for TripAdvisor stock, at least in the short term. Looking back to 2014, TRIP has peaked during that year, and ever since has been on a downward trending channel. It appears to be trading at the bottom of that channel, and the UltimateAlgorithm seems to think it should bounce from here.


Buy signal was given to $MSI (last price: $81.37)
A measured move by MSI gets us a price target around $89 (about 9.5% reward) while the risk seems to be just under $78.70 (about 3.35% risk). This makes it an attractive setup for Long.


Sell signal was given to $AES (last price: $11.06)
The stock seems to trade in a downward channel. I would enter Short on breaking below $11.


Sell signal was given to $HRL (last price: $34.55)


Sell signal was given to $LVLT (last price: $55.86)
A nice trending channel has emerged for $LVLT. Combined with the algo's Sell signal this looks ripe for a Short.


Sell signal was given to $MAT (last price: $25.20)
Following its December 17th Sell signal, the UltimateAlgorithm sees another Sell opportunity in Mattel stock.
I believe it is a moderate risk:reward and would consider a Short under $24.75.


Sell signal was given to $NBL (last price: $34.63)
Would seek a Short under $32.87.


Sell signal was given to $URBN (last price: $24.72)


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

To see general results of the algorithm click here.
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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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