We received two signals for Verizon stock based on the closing price on February 2, 2024 indicating the stock will likely drop over the next 6-20 days. My SAG Gauge Conservative algorithm bearish signal has occurred 211 times. A bearish signal has successfully seen the stock drop below the signal closing price over the next 10 trading days 95.7% of the time. The...
I am writing this analysis a little after the triggering signal as I watched the stock move up. The red and green boxes still indicate targeted movements (as detailed in prior analysis and below), however, I have looked for potentially stronger entry points for put options. As I previously mention, the stock may continue to move up in contradiction of the...
Here is another interesting pick. In the case of HLI, 4 of my algorithms signaled a BUY on April 16, 2021. Equities nearly always obey the signal and move up, but sometimes it may continue to move down first. We are not quite past the point of the stock charting a permanent course higher as I have laid out, but it is off to a good start.
I have placed two red...
