Hi everyone.
On 30/03/2023, our system had provided a few picks and the results are as below:
SHOP – (Buy) – Profit
SHOP – (Buy) – Profit
MU – (Buy) – Withdrawn
The Dow Jones finished more than 140 points higher on Thursday, while the S&P 500 and Nasdaq 100 added 0.6% and 0.7%, respectively, as investors shifted their focus back to the Federal Reserve’s policy path amid easing concerns about a banking crisis.
Let’s review our stock picks on Thursday.
A call for buy for SHOP which resulted in a profit. Our system entered the market at $46.77 and the price hit our adjusted TP at $47.02. Another call for buy for SHOP also resulted in a profit. Our system entered the second call at $46.83 and exited at our trailing stop loss at $46.80.
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.
A call for buy for MU which was withdrawn. The price did not hit our EP and moved downwards throughout the market.
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.
Stay tuned for more of our stock picks.
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