Hi everyone.
On 04/01/2023, our system had provided a few picks and the results are as below:
META – (Buy) – Profit
DOCU – (Buy) – Loss
META – (Buy) – Withdrawn
US stocks closed marginally higher on a choppy Wednesday, as minutes from the December FOMC meeting confirmed policymakers’ previous signals that interest rates must continue to rise and remain elevated for the foreseeable future. The Dow added 130 points, while the S&P 500 and the Nasdaq added 0.8% and 0.7%, respectively.
Let’s review our stock picks on Wednesday.
Call for buy for META which resulted in a profit. Our system entered the market at $126.50 and made a call to profit at $128. Another call for buy was withdrawn as another tip was already in the market.
Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs.
Call for buy for DOCU which resulted in a loss. Our system entered the market at $57.60 and the price hit our stop loss at $56.85 as the price moved downwards throughout the market.
DocuSign, Inc. provides electronic signature software in the United States and internationally. The company provides e-signature solution that enables businesses to digitally prepare, sign, act on, and manage agreements. It also offers CLM, which automates workflows across the entire agreement process; Insights that use artificial intelligence (AI) to search and analyze agreements by legal concepts and clauses; Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce; Negotiate for Salesforce that supports for approvals, document comparisons, and version control; Analyzer, which helps customers understand what they’re signing before they sign it; and CLM+ that provide AI-driven contract lifecycle management.
Stay tuned for more of our stock picks.
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