Ventas Inc. (VTR) one of the top assisted living REITs, managed to break above its 200 day moving average last week. It’s been in steady uptrend since the late April. Despite a wild overall market, VTR closed positive four out of five days last week. Ventas has a 5.65% dividend which makes it attractive as a long term hold.
Stocks to Watch – K, CTL, XOM, and THS
Trade of the Week Archives
Seaworld Entertainment Inc Co (SEAS) has pulled back and is currently sitting on its 50 day moving average. The two previous times this occurred, a fifty percent breakout was achieved in the following six weeks. If it breaks out about $32 dollar resistance good things are in store for SEAS.
Stocks to watch – JWN, CROX, OLLI, and CRON
Realty Income Corp (O) has been in a steady uptrend since April. It did run into a lot of resistance just below $56. That area has turned into support. Larger than normal volume entered O on Friday, the MACD is getting set to crossover, and the relative strength index continues to climb.
Stocks to watch – OIH, JWN, SFM, KHC
Five9 Inc. (FIVN) has been in a 3 year uptrend. In early August, large volume continued to come into this stock. FIVN has been consolidating the past few weeks and looks like it could be set up for the next leg up in the not too distant future. Defiantly a stock you want to keep on your radar.
Stocks to watch - BOOT, SFIX, FNKO, and JD
Stratasys Ltd (SSYS) is one of many beaten down 3D printing stocks. That began to change at the beginning of August when large volume entered and began to drive the stock price up. It has been holding its first touch of the 50 day moving average. Let see it the momentum continues in SSYS this week.
Stocks to watch – UAA, AAA, USLV, and PM
Greentree Hospitality Group Ltd (GHG) went from $10 to $25 from early May to the beginning of June. Then it began to sell off and trade tariffs were implemented against China. Last week GHG held its previous lows and large buying volume drove the price back up. There is talk the trade tariffs may be rolled back this week. That would boost overall gains for the entire Chinese stock market.
Stocks to watch – KEM, VNDA, ARJD, and LLL
Intelsat S.A. (I) has made a six fold move since the beginning of April. On Thursday Intelsat had its first 50 day touch and closed positive on Friday. Volume is light but the RSI is starting to rise and the cci is looking to cross above -100 this week.
Stocks to watch – MAT, VLRS, KO, and NUAN
22nd Century Group Inc (XXII) has been steadily gaining ground over the past couple weeks on higher than normal volume. The overall marijuana market has been making large moves. Last week XXII crossed its 200 day moving average, and had a bullish MACD cross. This stock can move very quickly when it gets going.
Stocks to watch – SHAK, THC, KMB, and HLX
Kemet Corp (KEM) hit $30 and began to consolidate back to $22 over the past month. Last week KEM closed in positive territory all five trading days. A bullish MACD crossover occurred on Friday. Each day last week the volume traded below its normal average. Watch KEM this week.
Stocks to watch – ACBFF, MEET, LYV, and GEN
American Outdoor Brands Corp (AOBC) has seven consecutive positive closes. On Thursday almost 2 million shares traded, that is almost double its normal trading volume. This stock has been punished with the election of President Trump. At the moment there is no fear of the second amendment rights disappearing. AOBC held its previous low close to $9.00 before breaking out the past couple of weeks.
Stocks to watch – FL, GBTC, DAR, and MNTA
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