Hi everyone.
On 21/03/2023, our system had provided a few picks and the results are as below:
DASH – (Buy) – Loss
BILI – (Buy) – Profit
INTC – (Buy) – Withdrawn
DASH – (Buy) – Withdrawn
FND – (Buy) – Withdrawn
US stock indices closed sharply higher on Tuesday, extending yesterday’s rebound as worries regarding the instability of the financial sector momentarily waned. The Dow extended early gains and closed 290 points higher, while the S&P 500 and the Nasdaq added 1.2% and 1.3%, respectively.
Let’s review our stock picks on Tuesday.
A call for buy for DASH which resulted in a loss. Our system entered the market at $60.08 and the price hit our stop loss at $59.70, following a downwards reaction in index before climbing back up again. Another call for buy for DASH which was withdrawn but in the right direction. Our system withdrew from the market because the price did not hit our EP which was a bargain price.
DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. It operates DoorDash and Wolt marketplaces, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; DashPass and Wolt+, a membership products; and offers DoorDash Drive and Wolt Drive, a white-label delivery fulfillment services; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce; and Bbot, which offers merchants digital ordering and payment solutions for in-store and online channels.
A call for buy for BILI which resulted in a profit. Our system entered the market at $23.12 and the price hit our adjusted TP at $23.48.
Bilibili Inc. provides online entertainment services for the young generations in the People’s Republic of China. Its platform offers a range of content, including video services, mobile games, and value-added service, as well as ACG-related comic and audio content.
A call for buy for INTC which was withdrawn. Our system withdrew from the market because the price moved downwards during the market opening and only went upwards near the end of the market session.
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, Accelerated Computing Systems and Graphics, Intel Foundry Services, and Other segments.
A call for buy for FND which was withdrawn but in the right direction. Our system withdrew from the market because the price did not hit our EP which was a bargain price. The stock price moved upwards during most of the market session.
Floor & Decor Holdings, Inc. together with its subsidiaries, operates as a multi-channel specialty retailer and commercial flooring distributor in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools. It also sells products through its Website, FloorandDecor.com.
Our call for ZIM which was still in the market exited with a profit at $23.46.
ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of customers, including end-users, consolidators, and freight forwarders.
Stay tuned for more of our stock picks.
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