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Tuesday, September 29, 2020

Edging upward to nearly another all time high and momentum swinging downward on one of the stocks placing a limited bid to sell all shares

      Well today was a good day in making money on both the investments and the experimentation, the investment gained like around $24 dollars.       The experimentation is nearing another all time high due to selecting stocks that are under performers that are just starting to show momentum on the MACDs.

      Been using this method on stocks for years now, the experimentation had climbed by $1300 today (9/29/20), after the markets closed I put a bid to sell AVEO Pharmaceuticals.       The MACDs were starting to lose its momentum on the stock, that a sign that the stock is about to go down and so taking my profit when I place in my limited bid price to sell all the shares.        Looking at two stocks to purchase after selling this company, these are the two stocks that are both below the 40 percent threshold on the Relative Strength Index.        They are Cidara Therapeutics Incorporated, stock symbol CDTX that closed today at $2.93 a share and has an average analysis bid from 6 of them with 12 month target price of $6.67.

      The second stock is CASI Pharmaceuticals, stock symbol CASI, the stock closed at $1.55 a share and has 1 analysis bid for a price target of $3.50 a share.        Both of these stocks are beginning to see momentum picking up on the MACDs driving the price up.         Here are the stock futures for now: DOW is up by .15 percent, the S & P 500 is up by .20 percent and the NASDAQ is up by .23 percent at 8:00 pm PST.

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