Hi everyone.
On 23/08/2022, our system had provided a few picks and the results are as below:
AR – (Buy) – Withdrawn
DQ – (Sell) – Profit
The Dow and S&P slipped on Tuesday’s market despite strength in energy, metals, and industrials as data showed weakness in housing and manufacturing ahead of a U.S. Federal Reserve gathering later this week in Jackson Hole, Wyoming. The Dow and S&P 500 lost 0.47% and 0.22%, respectively, while the tech-heavy Nasdaq Composite ended flat.
Let’s review our stock picks on Tuesday.
Call for buy for AR which was withdrawn. Our system withdrew because the price opened with a gap above our EP before trading downwards throughout the market.
Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States.
Call for sell for DQ which resulted in a profit. The stock hit our EP at $62.19 If you were following the stock, our system would have advised you to take profit @ 60.64. However, if you didn’t take profit last night, you will still be in the market and seeing a profit.
Daqo New Energy Corp. is another company in China that manufactures and sells polysilicon to photovoltaic product manufacturers. Currently, polysilicon selling prices remain higher than expected and DQ stock price is set to recovers from its lows.
Stay tuned for more of our stock picks.
Want the next pick before it's written up?
AIRESCAN's AI publishes live recommendations in the app.