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FEBRUARY 9, 2020
STOCKS: CSCO, ROKU, NVDA, V, NFLX, BABA, UAA
February 13, 2020, Live Streaming Event
Michael will be hosting a live streaming event for members of Reading The Markets for Seeking Alpha and StockTwits on February 13 at 9 PM ET. It will focus on how he uses fundamentals, technicals, and options market analysis to find stocks on the move. As well as taking questions from members!
He will be reviewing mostly the basics of Technical Analysis and Option Trading
To join the event you can sign up for Reading The Markets by clicking this link
MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN CSCO, V, AND NFLX
It will be busy for economic news, with FOMC Chair Jay Powell speaking in front of Congress Tuesday and Wednesday. There will be CPI and Retail sales, as well. But let’s not forget there will be significant earnings this week too. See more in the premium area – Risk-On Returns, More Gains To Come – The Week Ahead For 2.10.20
Cisco (CSCO)
Cisco will report results on February 12 after the close of trading, and the stock has been difficult to deal with in recent months. The trade war with China has damaged the company and hurt sales. The chart for Cisco doesn’t reveal much, except that the RSI is now trending higher, and it would suggest to me that longer-term the stock is likely to start rising again.
Roku (ROKU)Â
Roku has been trending lower for some time, and the RSI suggests that the trend isn’t about to change. The chart appears to be a falling triangle, and I have noted it for some time. The stock has been unable to clear the downtrend on multiple attempts. I think that means that shares fall following results and head lower towards $116 and perhaps $105.
Nvidia (NVDA)
Nvidia has been trending higher and has managed to find some excellent support around $236. I think shares will continue higher towards $268. I believe Intel’s results in the datacenter are a good sign for Nvidia.
Alibaba (BABA)
Alibaba will also report results, and I had seen some bullish betting this week that suggested the stock rise to around $235 by the middle of March.  Alibaba’s Recent Rally May Only Be StartingÂ
Netflix (NFLX)Â
Netflix broke out of a very long-term downtrend this week and rose above resistance at $363. I think that means the stock continues to grind higher towards $385.
Visa (V)
I think Visa may have formed a bullish flag pattern that indicates shares rise to around $220.Â
Under Armour (UAA)
Under Armour has been consolidating nicely beneath resistance at $21.85, and I think this stock finally breaks out and pushes higher towards $24.80. 
-Mike
Mott Capital Management, LLCÂ is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future results.
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This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.
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