Stocks This Week: Buy Avago And Apple


    Cycles have bottomed. Here are two buy recommendations for this coming week.

    The daily Avago cycle bottoms on February 7 and tops on March 7. The cycle buy signals have been profitable in all eleven cases in the last year. The weekly and monthly cycles are also rising. If this stock rises in January as Avago did, the shares have risen in 6 of 7 cases in February. The days of February 11, 12 and 13 have been up 88% of the time, the strongest days of the month. The month of February has been bullish, up in 9 of 12 cases. The stock is likely to rise to $485-$490 in the coming week and higher into the end of the month.  

    Avago Daily Cycle

    Avago Daily Graph

    There is a daily buy signal now. The daily Apple

    AAPL
    buy signals have been correct in nine of ten cases in the last year. The monthly cycle is rising, and the weekly cycle has topped but is only 57% accurate. The stock may rise closer to the $143 prior high.

    Apple Daily Cycle

    Apple Daily Graph



    Source link

    Previous articleFranz Tost rejects talk of ‘unfair’ AlphaTauri edge over Renault
    Next articleApple Stock: Avoiding The Earnings Drawdown