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Let’s suppose you’ve got $1 million to invest. How would you allocate your assets? Have you got a comprehensive investment strategy in mind or have no clue at all?Enter to win $Ford Motor (F.US)$ stocks!!!
Co-Wise: How to build a portfolio with a windfall of $1 million?
Before answering that, let’s take a look at the following questions:
What is a portfolio?
How to build my own portfolio?
What is the best portfolio for beginners?
How to set up the portfolio s...
Co-Wise: How to build a portfolio with a windfall of $1 million?
Before answering that, let’s take a look at the following questions:
What is a portfolio?
How to build my own portfolio?
What is the best portfolio for beginners?
How to set up the portfolio s...
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Hello mooers:
An overbought stock is believed to await a correction or pullback, while an oversold stock has the potential for a price bounce.
We selected a few stocks that contain potential investment opportunities with RSI indicator to find out what the most overbought and oversold companies in S&P 500 today are.
Overbought& Oversold definition
A stock would usually be considered overbought when the RSI > 70 and oversold when RSI < 30.
According to the theory created by J. Welles Wilder Jr, when the RSI < 30, it is a bullish sign (buy signal), and when RSI > 70, it is a bearish sign (sell signal).
Performance Tracking of Previous Column (10/25)
There are 3 out of 10 selected stocks that followed the suggested movement provided by the RSI indicator.
$Starbucks (SBUX.US)$ was the outstanding stock picks of last week.The Starbucks Chart: Starbucks is trading over 11% higher than the Oct. 29 low of $104.02. On Friday, the stock looked to be printing a bullish kicker candlestick on the daily chart, which indicates higher prices may come again on Monday.
Starbucks smashed through a resistance level at $115.57 late Friday morning and looked to be heading toward an upper gap that was left behind on Sept. 15 between $117.02 and $118.36. Starbucks also has a gap below between $112.42 and $113.14. Gaps on charts fill about 90% of the time so it is likely the stock will trade into both ranges at some point in the future.
Oversold
$Moderna (MRNA.US)$
$PayPal (PYPL.US)$
$Citrix Systems (CTXS.US)$
$Activision Blizzard (ATVI.US)$
$Allstate (ALL.US)$
We collect stocks from S&P 500 as it contains most of valuable companies.
Want to screen the market by yourself? Read:How to use a stock screener
Want to learn more about technical trading? Read: Technical Analysis 101:Introduction to technical indicators
An overbought stock is believed to await a correction or pullback, while an oversold stock has the potential for a price bounce.
We selected a few stocks that contain potential investment opportunities with RSI indicator to find out what the most overbought and oversold companies in S&P 500 today are.
Overbought& Oversold definition
A stock would usually be considered overbought when the RSI > 70 and oversold when RSI < 30.
According to the theory created by J. Welles Wilder Jr, when the RSI < 30, it is a bullish sign (buy signal), and when RSI > 70, it is a bearish sign (sell signal).
Performance Tracking of Previous Column (10/25)
There are 3 out of 10 selected stocks that followed the suggested movement provided by the RSI indicator.
$Starbucks (SBUX.US)$ was the outstanding stock picks of last week.The Starbucks Chart: Starbucks is trading over 11% higher than the Oct. 29 low of $104.02. On Friday, the stock looked to be printing a bullish kicker candlestick on the daily chart, which indicates higher prices may come again on Monday.
Starbucks smashed through a resistance level at $115.57 late Friday morning and looked to be heading toward an upper gap that was left behind on Sept. 15 between $117.02 and $118.36. Starbucks also has a gap below between $112.42 and $113.14. Gaps on charts fill about 90% of the time so it is likely the stock will trade into both ranges at some point in the future.
Oversold
$Moderna (MRNA.US)$
$PayPal (PYPL.US)$
$Citrix Systems (CTXS.US)$
$Activision Blizzard (ATVI.US)$
$Allstate (ALL.US)$
We collect stocks from S&P 500 as it contains most of valuable companies.
Want to screen the market by yourself? Read:How to use a stock screener
Want to learn more about technical trading? Read: Technical Analysis 101:Introduction to technical indicators
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71353068 : Buy Tesla, btc, etc, other cryptos.