Hi everyone.
On 12/10/2022, our system had provided a few picks and the results are as below:
SNOW – (Sell) – Withdrawn
TSCO – (Buy) – Profit
Trading was flat across the indices Wednesday, with the Dow falling just 30 points, while the S&P 500 and Nasdaq added less than 0.1% each as investors weighed the minutes from the last Federal Reserve meeting.
Let’s review our stock picks on Wednesday.
Call for sell for SNOW which was withdrawn but in the right direction. Our system withdrew because the price opened with a gap below our EP before trading upwards throughout the rest of the market.
Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company’s platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of sizes in a range of industries.
Call for buy for TSCO which resulted in a profit. Our system entered the market at $201.55 and made a call to take profit at $202.85, which was our trailing stop loss. If you followed this stock and did not take profit when our system made the call, you would have been able to profit at $204.24.
Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use.
Stay tuned for more of our stock picks.
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