Hi everyone.
On 02/03/2023, our system had provided a few picks and the results are as below:
RNG – (Sell) – Withdrawn
CLF – (Buy) – Profit
The Dow Jones finished 341 points higher on Thursday, while the S&P 500 and Nasdaq 100 added 0.7% each, as Federal Reserve Bank of Atlanta President Bostic’s comments boosted sentiments.
Let’s review our stock picks on Thursday.
A call for sell for RNG which was withdrawn. Our system withdrew because the price did not hit our EP but in the right direction. The stock moved downwards throughout the market session.
RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company’s products include RingCentral MVP that provides a unified experience for communication and collaboration across multiple modes, including HD voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers AI powered omni-channel and workforce engagement solution with integrated RingCentral MVP; and RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their customers.
A call for buy for CLF which resulted in a profit. Our system entered the market at $21.13 and made a call to profit at $21.35.
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, galvannealed, aluminized, galvalume, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing.
Stay tuned for more of our stock picks.
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