Hi everyone.
On 16/12/2022, our system had provided a few picks and the results are as below:
ABNB – (Sell) – Profit
DHI – (Buy) – Profit
ABNB – (Sell) – Stop Loss
FRO – (Buy) – Withdrawn
US equities closed lower on Friday, notching a second consecutive week of losses as fears mounted that aggressive rate hikes by the Federal Reserve could tip the world’s largest economy into a recession. The Dow was down 282 points while the S&P 500 fell 1.1% and Nasdaq Composite shed almost 1%.
Let’s review our stock picks on Friday.
Call for sell for ABNB which resulted in a profit. Our system entered the market at $90.36 and made a call to profit at $89.83. Another call for ABNB resulted in a loss as it hit our stop loss. If you followed this stock but did not trigger a stop loss, you would still be in the market with a profit.
Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, or vacation homes.
Call for buy for DHI which resulted in a profit. Our system entered the market at $89.05 and made a call to profit at $89.50 which is our trailing stop loss.
D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 106 markets across 33 states under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, and Freedom Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, and triplexes.
Call for buy for FRO which was withdrawn. Our system withdrew because the price opened with a gap below our entry price and the stock moved downwards throughout the market.
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers.
Stay tuned for more of our stock picks.
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