Every business day we post and email our ‘Chart of the Day’ Best Technical Idea before 8:30am. Following is a recap of our Top Technical Trade Ideas posted on our Members website over the past 4 weeks. Through the recent market downturn we continued to post our ‘Chart of the Day’ best technical idea for Members. This is past data, and is for general informational purposes only.
This should not be considered as actionable data at all, as any, some, or all of the positions may have been closed out by now. To preserve the value for our Subscribers, we only share more timely data on the premium site and Twitter feed.
YOUTUBE VIDEO LINK: https://youtu.be/ruPAc0n4ezc
POSITIONING
We started to scale back into equities on March 18, after having been defensive since February 25. These two blogs outlines our positioning then:
https://bluechipdaily.com/we-started-buying-stocks-on-march-18-heres-why-blog/
https://bluechipdaily.com/we-went-risk-off-when-spx-broke-3200-heres-why/
RECENT TOP TECHNICAL IDEAS
AMAZON
$AMZN + 17% FROM 3/25/20
3/25/20 $AMZN
4/14/20 $AMZN
ZOOM VIDEO COMM.
$ZM +27% FROM 3/18/20
3/17/20 $ZM
4/14/20 $ZM
NEWMONT MINING
$NEM +24% FROM 4/03/20
4/02/20 $NEM
4/14/20 $NEM
MICROSOFT
$MSFT +21% FROM 3/20/20
3/20/20 $MSFT
4/14/20 $MSFT
ADVANCED MICRO DEVICES
$AMD +21% FROM 3/26/20
3/26/20 $AMD
4/14/20 $AMD $54.93
SHOPIFY
4/09/20 $SHOP +17%
4/08/20 $SHOP
4/14/20 $SHOP $496.06
NETFLIX
$NFLX +13% FROM 4/06
4/03/20 FRIDAY CLOSE, MONDAY POST
4/15/20 $NFLX $413.55