MEG.TO If you have given up on energy stocks you may want to reconsider as many look like they have put in a bottom and may be poised for long term growth. Here is one example, with longer term charts even more bullish.
Monday, December 14, 2020
SPLK Splunk Inc
SPLK has corrected over 50% of the advance from the March lows and may have found a bottom. The last 2 times the RSI touched 30 and bounced up (over sold) provided good returns. 12 strong buy ratings with price targets between $157-$300.
DBX Dropbox Inc
DBX showing signs of life again with indicators moving back up, although very short term may be a bit extended. 6 analysts following with 5 strong buy ratings and price targets of $24-$30.
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