Weekly Picks of Stocks (Mar 18, 2020)

The following is a list of stocks for the week of May 11, 2020 – May 15, 2020 that show bullish and bearish trends.

Another $3T stimulus package in the works at the US Congress. States are allowing businesses to re-open. The later is most likely priced into the market. Now we see if the US can bend the Covid-19 infection down from flat. Still a long way to go.

We found more bears this week then Bullish this past week. TWLO showed a bearish signal this week. This would be a good stock to watch to go long if the price goes down enough.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
CINF Cincinnati Financial May 14, 2020 Piercing Line 28.73

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
TWLO Twilio May 11, 2020 Deliberation 87.35
NUS Nu Skin Enterprises, Inc. May 11, 2020 Belt Hold 70.2
IMMU Immunomedics May 12, 2020 Belt Hold 73.53
LOGI Logitech Int Sa May 12, 2020 Belt Hold 70.73
NBR Nabors Industries Ltd. May 13, 2020 Evening Star 72.77
PDD Pinduoduo Inc. May 15, 2020 Shooting Star 78.32

 

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