Technical Analysis
3 posts
We have decided to make public our previous technical stock calls on BIDU. These reports were produced by Konstantin Dimov. We are summarizing and reposting his work in this piece. Due to a technical issue, Konstantin’s original work on our site was removed. Summary September 1st, 2017 – Called a short-term move upwards to $268 to $272 – Peaked at $272.82 at the close of October 17th. March 14th, 2018 – Called a short-term move downwards to $228 to $235 – Actually overshot the range and bottomed at $212.07 at the close of April 6th, 2018. With this technical call along with unspectacular […]
We decided to look at some momentum and technical factors between Netflix and salesforce.com. We decided on the following indicators to evaluate it due to their prevalence in the markets: Relative stock price performance over the past 12 months 50-Day and 200-Day Moving Averages Moving Average Convergence/Divergence (MACD) Stochastic Oscillator We believe these technicals are relevant until Q2 results are reported on July 17th. This report will be updated in the weeks following the Q2 earnings release. Recall our relative stock call remains that Netflix (NFLX-NASDAQ) will appreciate until July 2018. We believe if investors want to sell shares to […]