Stocks This Week: Buy TripAdvisor And Akami Technologies


Photocredit: © 2019 Bloomberg Finance LP© 2019 Bloomberg Finance LP

TripAdvisor reports earnings on February 12th after the close. The weekly cycle bottomed on the 10th. In the last year, 80% of the buy signals have been successful. The earnings report is likely to be met with buying. The share price is likely to rise into the low-to-mid-sixties.

Chart 1

The weekly cycle bottoms as earnings are reported.Cycles Research Investments LLC

Chart 2

There are higher lows in momentum and a break in the relative strength downtrend.Cycles Research Investments LLC

Akami Technologies reports results on the 11th after the close. The weekly cycle below bottomed on the 10th, and four of every five buy signals have been profitable. This is a positive indication. The stock is likely to challenge the resistance at 71-72.

Chart 3

This weekly cycle also bottoms as the company reports.Cycles Research Investments LLC

Chart 4

This stock also shows positive technical developments.Cycles Research Investments LLC

Products You May Like

Articles You May Like

Ray Dalio: Career, Economic Risks and Advice To Graduates (2019)

Leave a Reply

Your email address will not be published. Required fields are marked *