Tuesday, February 21, 2017

2/20/2017: daily stock pick Credit Suisse (CS)

The first stock selected is credit suisse (CS). The stock in a good uptrend for more than 8 monthos since bottom out in last July. followings are some technical characters:


  • uptrend trend line not broken since last July
  • MACD golden cross
  • RSI move up
  • all short terms' MAs are underneath supports


In summary, the stock is in relatively long term uptrend, there is still room to go up with financial sector. The buy entry is [15.15,15.3], the midterm target is around 19 as strong resistance (weekly chart can tell clearly).

Second stock selected is At&T(T). Will continue.....

 

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