For the week of July 29 – Stock mentions: GRUB, W, GE, UAA, AMZN, NFLX, BA
Michael Kramer and the clients of Mott Capital own NFLX
Premium content for the last week:
- Amazon Vs. Microsoft
- What’s Up With Facebook?
- Higher Highs For The S&P 500
- AMD Nears Break Out
- Why Amazon May Drop
- The Race To 3,300
- Options 101: Did They Buy Or Sell?
Here’s a list of a few more companies reporting results the week of July 29 and some other names we cover.
Grubhub will report on Tuesday morning, and the stock looks like as if it is consolidating nicely around $75. It sets up a good chance for GRUB to rise to around $89.
General Electric (GE)
General Electric will report on Wednesday morning, and GE has been stuck at resistance around $10.60 for weeks now. However, the stock appears to have formed a nice ascending triangle with the chance to rise to $12.35.
Wayfair looks like it may have a gap to fill down at $122 after it reports results on Thursday morning.
Under Armour (UAA)
Under Armour has nearly filled the gap up to $28 and is now hitting up against resistance. But perhaps it needs a breather and falls back to $25.
Amazon probably fills the gap up $1966 to start the week but then continues to head lower towards $1900.
Netflix has more room to rise to around $342.
Facebook, survived last week and I think the stock continues its uptrend and starts head towards $218.
Boeing finally breaks down and heads towards $320. The long-term uptrend is breaking.
Have a great week!
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