Identifying Market Opportunities Daily

With Bitcoin attempting to push aggressively higher, keep an eye on MicroStrategy (MSTR). With 226,500 BTC on hand, the stock benefits any time Bitcoin prices push higher. The stock is also oversold at triple bottom support dating back to May. Last trading at $119.57,...

Nvidia (NVDA) is looking interesting again. After plummeting from about $130 to $106.21, the tech giant has become technically oversold. It’s also over-extended on RSI, MACD and Williams’ %R. Helping, Bank of America just reiterated NVDA as a buy with a price target...

Keep an eye on Freeport-McMoRan (FCX). Just this morning, UBS upgraded the stock to a buy rating with a price target of $55. All thanks to its exposure to copper and the growing demand for renewable energy sources. “We believe the fundamental outlook for copper...

On August 13, we said, “Keep an eye on rebounding shares of Palo Alto Networks (PANW). After bottoming out at about $284, the cybersecurity stock is now back to $331. From here, if it can break above $340 resistance, it could test $345 near term. Helping, analysts at...

Gold prices could see higher highs. Last trading at $2,562, gold could easily test $2,700 this year, and possibly $3,000 by next year, according to analysts at Citi. Not only is the potential for interest rate cuts driving gold higher, but so is uncertainty with...

Keep an eye on Occidental Petroleum (OXY). After finding strong support at around $55, OXY is just starting to pivot higher again. It’s also starting to pivot from over-extensions on RSI, MACD and Williams’ %R. Plus, with the stock this low, we wouldn’t be shocked if...

In just a few weeks, Apple (AAPL) will have another big event. On September 9 at 1pm EST, the company will host its next big iPhone event. Last September, the company showed off its iPhone 15 and the Apple Watch Series 9. “This year’s event will stand out against the...

Keep an eye on rebounding shares of Bill.com (BILL). Company CEO Rene Lacerte just bought 42,248 shares for $49.60 each for just over $2 million. Company CFO John Rettig bought 21,124 shares for $49.40 each for just over $1.04 million. Both transactions were on August...

On August 21, we said, “With Bitcoin starting to regain momentum, keep an eye on MicroStrategy (MSTR). That’s because as BTC pushes higher, MSTR will typically follow, especially with the company now in possession of 226,500 BTC as of June. Last trading at $133.69,...

Keep an eye on oversold shares of Chipotle (CMG). Now at $53.45, we’d like to see it initially refill its bearish gap at around $56. From there, if it can break above $56 resistance, we’d like to see it retest $62 near term. Helping, analysts at Wedbush just upgraded...