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AIRESCAN Stock Review (2/5/2023)

Hi everyone.

On 2/5/2023, our system had provided a few stock picks and the results are as below:

ABNB – (Buy)  – Profit

UAL – (Buy)  – Break-even

The Dow finished 360 points lower on Tuesday, while the S&P 500 and Nasdaq 100 fell nearly 1.2% and 1.1%, respectively, led by a selloff in US regional lenders as concerns about financial stability grew after the second-largest bank failure in the country’s history. Among lenders, PacWest and Western Alliance plunged by 27.8% and 15.1%, respectively. JPMorgan, which had gained traction in the previous session following the takeover of First Republic Bank, lost 1%.

Let’s review our stock picks on Tuesday.

A call for buy for ABNB which resulted in a profit. Our system entered the market at $118.40 and the price hit our adjusted TP at $119. If you did not exit at our adjusted TP, you could have profited up 2.78% and exited at the highest price of the day of $121.70. Congratulations if you exited at the highest point!

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. 

A call for buy for UAL which resulted in a break-even. Our system exited with break-even as the price has started to fall downwards, following index.

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties.

Stay tuned for more of our stock picks.

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