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Score 9.7 (out of 10): AMAZON.COM sets up for +23.1% rally in 3 months
Score 9.1 (out of 10): NETFLIX sets up for +20.2% rally in 3 months
Score 8 (out of 10): HOME DEPOT poised to rally +9.1% rally in 3 months
For more investment insights, please visit us at www.LongShortBets.com
(1) Score 9.7 (out of 10): AMAZON.COM sets up for +23.1% rally in 3 months
What’s Going On Here?
AMAZON will open a fashion store where algorithms suggest what to try on. The planned ‘Amazon Style’ shop will open near Los Angeles. Shoppers will enter a virtual queue for a fitting room that they unlock with their smartphone when it is ready.
Why Now?
AMAZON.COM INC has triggered a new high volatility signal (3 month). During similar occasions, AMAZON.COM INC shares had a median return of +23.1%, over the following 3 months – based on 10 historical occasions with 10 of those showing positive returns (100%). This buy signal for AMAZON.COM INC received a high score of 9.7 (out of 10). This insight was generated on 2022-January-21 with last price of 2852.86.
What’s This Company About?
AMAZON.COM INC is in the E-Commerce/Products business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. Ticker symbol: AMZN US.
What’s My Risk / Reward and Time Horizon?
We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 3512.48 (+23.1%) has been reached. Based on AMAZON.COM INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 2850.36 (last price at 2852.86), which is equivalent to a -0.1% decline.
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(2) Score 9.1 (out of 10): NETFLIX sets up for +20.2% rally in 3 months
What’s Going On Here?
NETFLIX has come out with a gloomy forecast about subscriber growth while costs for content creation continues to increase. The company projected 2.5 million new subscribers in Q1 while analysts expected 5.9 million. The result was a sharp decline in Netflix’s stock price.
Why Now?
NETFLIX INC has triggered a new high volatility signal (3 month). During similar occasions, NETFLIX INC shares had a median return of +20.2%, over the following 3 months – based on 10 historical occasions with 10 of those showing positive returns (100%). This buy signal for NETFLIX INC received a high score of 9.1 (out of 10). This insight was generated on 2022-January-21 with last price of 397.5.
What’s This Company About?
NETFLIX INC is in the Internet Content-Entmnt business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: NFLX US.
What’s My Risk / Reward and Time Horizon?
We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 477.83 (+20.2%) has been reached. Based on NETFLIX INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 395 (last price at 397.5), which is equivalent to a -0.6% decline.
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(3) Score 8 (out of 10): HOME DEPOT poised to rally +9.1% rally in 3 months
What’s Going On Here?
Home Depot, the world’s largest home improvement retailer, has introduces new and enhanced credit options of their Pro Customers. These credit options are powered by Citi Retail Services.
Why Now?
HOME DEPOT INC has reached a new medium term low. Previously, during similar occasions, HOME DEPOT INC shares had a median return of +9.1%, over the following 3 months based on 10 historical occasions with 8 of those showing positive returns (80% hit ratio). This buy signal for HOME DEPOT INC received a high score of 8 (out of 10). This insight was generated on 2022-January-18 with last price of 366.72.
What’s This Company About?
HOME DEPOT INC is in the Retail-Building Products business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth 0% (average). Ticker symbol: HD US.
What’s My Risk / Reward and Time Horizon?
We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 400.12 (+9.1%) has been reached. Based on HOME DEPOT INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 364.22 (last price at 366.72), which is equivalent to a -0.7% decline.
For more investment insights, please visit us at www.LongShortBets.com