Zignals YourCall: AIB, BKIR, GOOG, MSFT
The latest Zignals YourCall feature has three (well four) front-runners from our community.
Heading the list with seven calls is Bank of Ireland (BKIR). Since my initial call, rumors of "investment" in the bank have helped push the stock out of its short term downward turn.
The Zignals outlook based on the seven calls is 100% bullish:
Second on the list is Microsoft (MSFT). Will a push towards home entertainment over the coming holidays help boost XBOX 360 sales?
Of the four calls, one was bearish and four were bullish. All four calls exited with one by Milkob reaching its target (bullish) price for a 2.9% gain in one day.
Third on the list was Allied Irish Banks (AIB). Tuesday looks to have cleared a resistance level dating back to early October. This comes after Credit Suisse revised targets for AIB down to €1.00 from €3.20 and Bank of Ireland to €0.80 from €2.00.
On the Zignals community I have entered a 6-month call for a push back into the supply zone in the low €7s. User Amergin is looking for €3.00 on his call while the remaining two calls (an earlier one by myself) were exited at a target price and stop price (mine exiting at the stop). Amergin's stop is at €2.00, mine is at €1.89.
Fourth on the list was for Google (GOOG). The company announced it was to cut the number of contract workers it uses. From a price perspective it has made steady steps down. Whether it can find support here will depend on breaking declining resistance over the next couple of days.
On the YourCall front there was one stop hit at $275.59 by TommyJol. Of the remaining three calls there is a bearish call for $237.31 with a stop at $289.22, my recent call for $369 with a stop at $244, and a call by Milkob for $274.39 with a stop at $207.65 which may exit on Tuesday.
If you have an opinion on these stocks or others we would love to hear from you. Further information and charts are available by our real-time watchlist available below which is fully customisable by Zignals users.
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts, and stock charts website
Heading the list with seven calls is Bank of Ireland (BKIR). Since my initial call, rumors of "investment" in the bank have helped push the stock out of its short term downward turn.
The Zignals outlook based on the seven calls is 100% bullish:
Second on the list is Microsoft (MSFT). Will a push towards home entertainment over the coming holidays help boost XBOX 360 sales?
Of the four calls, one was bearish and four were bullish. All four calls exited with one by Milkob reaching its target (bullish) price for a 2.9% gain in one day.
Third on the list was Allied Irish Banks (AIB). Tuesday looks to have cleared a resistance level dating back to early October. This comes after Credit Suisse revised targets for AIB down to €1.00 from €3.20 and Bank of Ireland to €0.80 from €2.00.
On the Zignals community I have entered a 6-month call for a push back into the supply zone in the low €7s. User Amergin is looking for €3.00 on his call while the remaining two calls (an earlier one by myself) were exited at a target price and stop price (mine exiting at the stop). Amergin's stop is at €2.00, mine is at €1.89.
Fourth on the list was for Google (GOOG). The company announced it was to cut the number of contract workers it uses. From a price perspective it has made steady steps down. Whether it can find support here will depend on breaking declining resistance over the next couple of days.
On the YourCall front there was one stop hit at $275.59 by TommyJol. Of the remaining three calls there is a bearish call for $237.31 with a stop at $289.22, my recent call for $369 with a stop at $244, and a call by Milkob for $274.39 with a stop at $207.65 which may exit on Tuesday.
If you have an opinion on these stocks or others we would love to hear from you. Further information and charts are available by our real-time watchlist available below which is fully customisable by Zignals users.
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts, and stock charts website
