An inverted head-and-shoulder pattern forms when a stock makes a low, a lower low and then a higher low. It suggests the reversal of a downward trend that should generate more upward momentum.
"From a fundamental perspective, [we] certainly like the upgrade from Loop today but got to really give the hat tip to Rob Owens here at Piper Sandler who upgraded the stock on March 22 with a $280 target," Johnson said. "So, good-looking stock, breaking out, I'd be buying the breakout here at Palo Alto ahead of the quarter."
Steve Chiavarone, portfolio manager at Federated Hermes, sees several tailwinds for the entire cloud space that keeps him bullish on the group.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Thematic ETFs are booming because of the 'societal sea change,' with 90% of funds beating the marketFrom cloud computing to advanced medicine and e-commerce, thematic ETFs focus on niche segments of an industry, and they have seen huge demand amid the pandemic.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
Even with the S&P 500 back at a record, analysts see these stocks as cheap long-term winnersYour weekend brief: Even with the S&P 500 back at a record, analysts see these stocks as cheap long-term winners Pro VoteJobs Pro Which ones? Pro Only the FANGMAN's aren't cheap in the S&P 500. Everything else is a bargain.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
Stock futures rise slightly in overnight trading as market looks to extend record-setting rallyAn unstoppable rally in major technology shares last week pushed the S&P 500 to levels above its previous record set before the pandemic. NASDAQ, S & P , Dow futures all up, and since late March this has been an incredible run that keeps going! Wait until there is a vaccine! Then its really going to new heights Time to short convalescent based industries in 2 days. Futures don't mean shit anymore.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »