In Monday’s webinar we looked at a number of high conviction ideas and positioned buy-side entry levels in oversold names.
The following stock codes are a reminder of companies that should have made it onto your watch lists:
ANN, LLC, AMC and IRE
Our Algo Engine triggered a recent series of short signals in IRE.
In a strong market, Iress may trade as high as $11.50, however, we feel the stock is overvalued and likely to soon resume the downtrend.
The initial downside target is currently near $10.00.