Higher Prices for This Higher Learning Company?

The pullback appears to be over… August 31, 2020 UNSUBSCRIBE |ARCHIVE COVID Is No Joke: "I hear them laughing…" His NYC comedy club is STILL banned from reopening its doors — so how can he survive? “I hear them laughing… they think I’m up to my eyeballs in debt, but what they don’t know is I own this place free and clear. And I paid for it with the most powerful moneymaking secret EVERYONE should know…” Find out how this stand-up comedian is using a little-known secret to earn passive paychecks… and laughing all the way to the bank >> Higher Prices for This Higher Learning Company? Dear Chart of the Day Reader, On Friday, we took a look at the daily chart of PTON to see if it agreed with the Goldman Sachs $96 price target. For today’s chart of the day, let’s take a look at 2U, Inc. (TWOU). TWOU is an online program manager that works with non-profit colleges and universities to offer online degree programs. With the uncertainty about returning to college campuses, TWOU is in the spotlight, thanks to its offerings of alternative methods for achieving higher learning credentials. The stock has been in a solid uptrend starting in April, but saw some profit taking at the beginning of August. Let’s take a look at the daily chart and see where TWOU stands now: After hitting new 52-week highs, TWOU gapped down to start a pullback, eventually trading down to its lower Keltner Channel. It formed a small double bottom and managed to close back above its Keltner midline on Friday. This is a sign that the stock could be ready to resume its uptrend, so it should be watched for a fresh buy signal. See ya tomorrow! Trade Smart, Michael Saul Analyst, Chart of the Day America's #1 Futurist George Gilder's 2020 Prediction Will Stun You “We’re headed for a potential $16.8 trillion reboot,” he says.  This “reboot” could create the largest wealth generation in decades. And it has nothing to do with politics, the pandemic, or the Fed.   Click this link to see how to tap into this wealth revolution and learn how it could make you very…very…rich. If you are having trouble receiving your Chart Of The Day subscription, you can ensure its arrival in your mailbox by whitelisting Chart Of The Day. © 2020 by Chart Of The Day. All rights reserved. This newsletter may only be used pursuant to the subscription agreement, and any reproduction, copying or redistribution (electronic or otherwise, including on the World Wide Web), in whole or in part, is strictly prohibited without the express written permission of Laissez Faire Books LLC, 808 Saint Paul Street, Baltimore, MD 21202-2406. To end your Chart Of The Day e-mail subscription and associated external offers sent from Chart Of The Day, click here to unsubscribe. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. If legal advice or any type of assistance is needed, please seek the services of a competent professional. This material, produced by Chart Of The Day, is for informational purposes only. All technical information, instruction, and advice, reflect the beliefs of Chart Of The Day and are intended as informational only. Chart Of The Day is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Laissez Faire delivering daily email issues and advertisements. Please read our Privacy Statement. EMAIL REFERENCE ID: 401CODED01