Stocks to buy today 19 july 2018

Again today, we have selected a Stock in uptrend direction. Why is that ? It is because the trend is your friend and the posibility for a Stock to raise in price is higher, if the uptrend is already formed.
Todays Stock to watch is Topbuild Corp. (NYSE:BLD)
Our Technical Analysis Software has selected Topbuild Corp. as a buy candidate because of 4 major things :
1. TopBuild is in a Trend Channel and already in an Uptrend, which is a bullish signal.
2. The supportline was tested a few days ago and the price rejected the supportline, which is a bullish signal.
3. The MACD signal line crossed MACD line a few days ago, which is a bullish signal.
4. The Price broke through the 50 days Moving Average line, which is a bullish signal
We hope to see the price reach the area of 90.00 within a month or so. That will be a profit of nearly 10% which is very good.
Also remember to set a Stoploss around 76.00 to protect your money and investments.

Always remember to do your own Analysis before you enter any trade, why is that ? It is because we do not care for fundamental analysis and news which might influence in the future price.
AND, we can not say this to often…. Please remember to set the Stoploss aswell. We much to often hear from users, that a Stock is down 10% or 20% and they did not manage to close the trade when the Stoploss area was crossed.

Stocks to buy today 19 july 2018

Stocks to buy today 19 july 2018

Follow us at stocktwits here

Please also checkout all our Technical Analysis and indicators for Nasdaq markets, which you can find here.

If you are interested in other buy or watch candidates, then read this post about Stock to watch week 29