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AIRESCAN Stock Review (30/5/2023)

Hi everyone.

On 30/5/2023, our system had provided a few stock picks and the results are as below:

TSLA – (Buy)  – Profit

TWLO – (Buy)  – Profit

DOCU – (Buy)  – Break-even

The Dow Jones closed 50 points lower on Tuesday, while S&P 500 finished flat hovering around its August 2022 highs, as investors were assessing the chance of debt bill path through Congress. Meanwhile, the Nasdaq added 0.3% boosted by an AI-driven rally pushing the index up by 25% year to date.

Let’s review our stock pick on Wednesday.

A call for buy for TSLA which resulted in a profit. Our system entered the market at $199.94 and the price hit our TP at $200.60. Stock prices were up in the first hour of trading but then became congested halfway before continuing their upwards momentum.

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage.

A call for buy for TWLO which resulted in a profit. Our system entered the market at $62.03 and the price hit our adjusted TP at $62.34.

Twilio Inc., together with its subsidiaries, provides software and communications solutions in the United States and internationally. The company operates cloud communications platform that enables developers to build, scale, and operate customer engagement within software applications. 

A call for buy for DOCU which resulted in a breakeven. Our system exited at breakeven level because the price continued falling in the first half of the market after opening with a gap.

DocuSign, Inc. provides electronic signature solution in the United States and internationally. The company provides DocuSign e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; and Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce.

Stay tuned for more of our stock picks.

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