2020年8月27日星期四

This Stock Looks Gggggggggggreat

Chart Of The Day

August 27, 2020

UNSUBSCRIBE |ARCHIVE

Massive iPhone Recall?

iphonesIf you or a loved one currently own an iPhone 5 or later model…

Or if you’re considering buying a new iPhone 11…

Don’t do ANYTHING until you read this in full.

Right now, Apple might be on the verge of something that could change the current technology, causing the largest recall in US history.

And as expensive as these phones are…

They might be rendered useless as soon as September 8th.

Click here for the full story.

This Stock Looks Gggggggggggreat

Mike SaulDear Chart Of The Day Reader,

On Wednesday, we looked at the strong uptrend confirmed with the solid trendline in place for Caterpillar (CAT).

Today, we’re going to take a look at Kellogg Co. (K).

K produces convenience foods — including the greatest cereal of all time, Frosted Flakes. You may disagree with Frosted Flakes being the greatest cereal of all time… and that’s OK, it only means you haven’t eaten enough of it!

Stocks such as K don’t get much attention from retail traders because they don’t usually see the huge moves associated with technology stocks.

The truth is, these types of stocks can have PowerTrend signals as well, and sometimes the lower volatility is welcome.

Let’s take a look at K’s daily chart below:

chart

K zipped out of its upper Keltner Channel in late July, but has since pulled back to test the midline of that channel, as well as put in a third test of a trendline.

The stock has started its bounce off that trendline, and since it’s still inside the upper Keltner Channel, it can start being watched for a buy signal.

See ya tomorrow!

Trade Smart,

Mike Saul

Michael Saul
Analyst, Chart Of The Day

Facebook’s founder never saw this coming…

FB friendsWhen Facebook's mega-billionaire sat down before Congress on October 23rd...

For over six hours of grueling testimony about his company’s plans for a digital currency called Libra

He surely never imagined that one of the panel’s top-ranking Republicans, Rep. James F. Hill of Arkansas, would be giving him incredibly lucrative advice.

But he did — with a tip that could ultimately be worth millions to lots of regular American investors.

Don’t worry if you missed it.

Because you can get the same advice here, absolutely free — click to see.

没有评论:

发表评论