Monthly Trending Stock Picks – May 2017

STOCK PICKS

Bloomberry Resorts Corporation (BLOOM)

Bloomberry

Bloomberry

  • $BLOOM is moving on a strong uptrend for six months now and poised to hit its previous highs. Short-term Moving Averages (MAs) are above long-term MAs which also validate stock's positive trend.
  • We can expect this trend to continue. If looking to buy, we suggest waiting for the price to come near the uptrend support line before entering.
  • QuantDS PSE table also tells $BLOOM is moving on strong momentum. The data also generated a High-Risk Buy but the certainty is less than 50%.
  • QDS Alert Column generates a Buy Stop which means the stock might break resistance levels in the near-term.
  • Strong resistance and breakout prices @ 9.40, 9.68, and 10.00.

 

Cebu Air, Inc. (CEB)

Cebu Pacific

Cebu Pacific

  • $CEB moves upward sharply and finally breaks above the 200-day Moving Average (MA). We can now start looking to long for this stock.
  • QuantDS PSE table also tells $CEB is moving on strong momentum. The data also generated a High-Risk Buy with a very low certainty at only 39% which suggest that it might be safe to accumulate.
  • QDS Alert Column generates a Buy Stop which means the stock might break resistance levels in the near-term.
  • Strong resistance and breakout prices @ 109.5/6, 111.00, and 112.00.
  • Place stop loss below 102.30 or 101.70.

 

JS Summit Holdings, Inc.

JG Summit

JG Summit

  • $JGS stock price formed a bullish Rounding Bottom pattern and might also form a Cup and Handle pattern as it nears resistance levels.
  • The stock is also now moving in an uptrend above the 200-day Moving Average so it is now safer if you are looking to buy.
  • QuantDS PSE table also tells $JGS is moving in a strong bullish momentum. Trigger Sell is generated but the certainty percentage is very low at only 38%.
  • QDS Alert Column generates a Buy Stop which means the stock might break resistance levels in the near-term.
  • Strong resistance and breakout prices @ 85.00 & 87.10. Support levels at 81.00 &  79.40.

 

Imperial Resources, Inc.

Imperial Resources

Imperial Resources

  • $IMP continues to move slightly upward coupled with spikes (a comparatively large upward or downward movement of a price in a short period of time). 
  • The stock price is moving sideways on the previous days. A Reversal is generated in the QuantDS PSE table which suggests that a sudden price rally may happen anytime.
  • The data also generates a Low Risk Buy with a high certainty percentage at 54%. This also tells $IMP is poised to move upward.
  • Watch resistance levels at 3.85, 3.98, and 4.40.
  • Suggested stop loss below the trend line.

CRITERIA

Chart

  • Upward Trend (with higher highs and higher lows).
  • Price above 200-day SMA.
  • The price touched the support (trend line/50-day SMA/20-day SMA) at least twice.

QuantDS PSE Data

  • Price is 0 to 1 or more days above Trigger Price.
  • Stock Filter: In Momentum or Reversal.
  • Recommended Action:
    • Breakout Buy, Trigger Buy, Low-Risk Buy, and Buy @ Uptrend Support with High Percent Certainty.
    • High Risk Buy or Trigger Sell with Low Percent Certainty.

(Click the images above to enlarge.)

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