Holding well since my last Bullish Trend Stock Market Analysis 3-weeks ago.
Current Trend Stock Market Analysis:
All nine stock picks I’ve posted here since (and including) Week-12 are still in good shape and are even in position to Open/Add early this coming week.
My favorites for this week are:
FB — I’m looking for a little bit more of a Drop .. towards 80, before resuming higher. THEN I will be building my position. If she keeps Dropping towards 75 first, I will wait for a show of Strength again before entering. Very nice and liquid options .. which I will use for this position.
GPRO — I will be Buying on Monday with a stop-loss under 42 . . initial Target = 50 . . this could be a longer-term grind much higher . . I’ll probably start with July-$40 Call options and take it from there.
BAS — Has formed a very nice base and looks to be breaking out now. I will be Buying on a pullback under 8 and then a sign of Strength again .. OR .. a breakout above 8.80, NOT on extreme-high Volume.