Saturday Review’s recording (for 4/6/19) …The upside of topping.
What was that strong-handed distribution about three weeks ago? Whatever it saw on the horizon has yet to arrive, but the quarterly earnings onslaught begins this week. Will a China trade deal trigger a final high, first? During? Rallying day-to-day to higher highs is camouflaging the net-flat intraday action, which itself reflects the rally’s anxiousness. None of which prevents higher highs.
This week’s Saturday Review describes the original distribution, and recent distributive behavior. Further rally potential and the face of its failure are also described.
The following stock requests were reviewed in this order:
CVGW, BBBY, AMD, BIIB, JPM, WFC, XLNX, WDC, CY
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