Good day to all, one of my scans has brought up these two shares that have very interesting setups and I have already initiated long positions in both. First:
ACXM US (NASDAQ:ACXM)
Source finviz.com
On a break above 27.80$ I will be adding to my long position. Yesterday I opened a small long position at 27.40$ with stops at 26.53$ expecting a move higher towards 30.50-31$
GRUB US (NYSE:GRUB)
Source finviz.com
Yesterday I opened a long position at 39$ with 37.70$ as stop targeting initially the 42$ level and why not the start of the downward sloping blue trend line resistance at 43.80$.
Disclosure: None of the information or opinions expressed in this blog constitutes a solicitation for the purchase or sale of any security or other instrument. Nothing in this article constitutes investment advice and any recommendations that June be contained herein have not been based upon a consideration of the investment objectives, financial situation or particular needs of any specific recipient. Any purchase or sale activity in any securities or other instrument should be based upon your own analysis and conclusions.