Hi everyone.
On 16/11/2022, our system had provided a few picks and the results are as below:
BTU – (Buy) – Profit
SHOP – (Sell) – Withdrawn
CPNG – (Buy) – Withdrawn
The Dow closed around the flatline Wednesday, while the S&P 500 and Nasdaq dropped 0.5% and 1.2%, respectively, as investors digested a slew of earnings and economic releases.
Let’s review our stock picks on Wednesday.
Call for buy for BTU which resulted in a profit. Our system entered the market at $28.21 and made a call to profit at $28.52.
Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Indonesia, China, Vietnam, South Korea, and internationally. The company operates through Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, and Other U.S. Thermal Mining segments.
Call for sell for SHOP which was withdrawn. Our system withdrew because the price opened with a gap below our EP before the stock moved sideways throughout the market.
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.
Call for buy for CPNG which was withdrawn but in the right direction. Our system withdrew because the price opened with a gap below our EP before the stock moved upwards throughout the market.
Coupang, Inc. owns and operates in e-commerce business through its mobile applications and Internet websites primarily in South Korea. It operates through two segments, Product Commerce and Growth Initiatives.
Stay tuned for more of our stock picks.
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