Stock Region Watchlist
Stock Region Watchlist
Stock Region Weekly Newsletter - Monday, September 16th, 2024
Stock Region Weekly Newsletter - Monday, September 16th, 2024
The stocks featured in this report were previously delivered in our trading room in real-time. To access Stock Region’s real-time trade ideas, then be sure to purchase a membership now.
Disclaimer: The following information is intended for educational and informational purposes only. It is not intended as investment advice. Please conduct your own research or consult with a financial advisor before making any investment decisions.
1. Apple ($AAPL):
Recently, Apple shares have taken a dip due to reports of lower-than-expected demand for the newly released iPhone 16. For investors confident in Apple's robust innovation and long-term growth, this downturn might present a strategic buying opportunity. Keep an eye on short-term levels: a potential upside if it surpasses $219.50, and caution is advised if it falls below $216.84.
2. Intel ($INTC):
Intel has faced a challenging year with a notable decline in stock value. However, there's been a recent uptick as investors speculate on a substantial Federal Reserve rate cut. This could indicate the beginning of a turnaround, or at least a short-term trading opportunity. Watch for an upside above $20.43 and a downside below $18.83.
3. Alcoa ($AA):
Alcoa has made headlines with its strategic decision to sell its stake in a Saudi Arabian joint venture for $1.1 billion. This move is expected to have a positive impact on Alcoa's financial health and stock performance. Short-term traders should observe levels above $33.92 for an upside and below $32.96 for a downside.
4. Micron Technology ($MU):
Micron's stock is under pressure following a reduced price target from analysts. Despite this, investors with a long-term perspective on the semiconductor industry may see this as an opportunity. Key levels to monitor are an upside above $91.22 and a downside below $86.38.
Disclaimer: This newsletter is not a recommendation to buy or sell any securities. Stock investments come with risks, and past performance is not indicative of future results. Please invest responsibly.
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