Hi everyone.
On 20/09/2022, our system had provided a few picks and the results are as below:
IRM – (Buy) – Stop loss
EW – (Sell) – Withdrawn
The Dow lost almost 300 points on Tuesday, and the S&P 500 and Nasdaq dropped 1.1% and 0.8%, respectively, as tightening financial conditions and growth concerns have been a mounting headwind for equities.
Let’s review our stock picks on Tuesday.
Call for buy for IRM which resulted in a loss. Our system entered the market at $55.14. The price moved abnormally downwards by 9% causing it to hit our SL at $54.04.
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. On Tuesday, the company unveiled its “Project Matterhorn” plan, where it plans to invest 16% of its revenue or around $4b over the next four years.
Call for sell for EW which was withdrawn. Our system withdrew because the price opened with a gap below our EP before trading downwards throughout the rest of the market.
Edwards Lifesciences Corporation provides products and technologies for structural heart disease, and critical care and surgical monitoring in the United States, Europe, Japan, and internationally.
Stay tuned for more of our stock picks.
Want the next pick before it's written up?
AIRESCAN's AI publishes live recommendations in the app.