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3 Tech Plays Jeff’s Liking Before Elections

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ragingbull.com

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support@ragingbull.com

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Thu, Oct 15, 2020 04:58 PM

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Undefined, Tech stocks have been roaring back toward all-time highs. Tech leaders, like AAPL and AMZ

[RagingBull Elite]( Undefined, Tech stocks have been roaring back toward all-time highs. Tech leaders, like AAPL and AMZN, may have sparked the market selloff in September. [But the narrative has changed.]( Anticipation over AAPL’s iphone release and AMZN’s Prime Day, have pushed these leaders up again. That’s why Jeff Bishop is about to [reveal some of his top tech sympathy plays here.]( But for now, here’s a look at 3 tech names that just popped up onto his watchlist: Baidu Inc (BIDU): - Baidu operates an internet search engine. In other words, it’s Google of China - Yesterday's technical breakout of the stock attracted the attention of a lot of traders. The stock went from $126 to the highs of $138.98 in 3 hours - The stock has been in a tight consolidation for around 3 months and now finally broke above the top of the range on strong volume. We believe that BIDU has much more upside to go: 52 week highs are at $147.38 and it’s more than 50% off its all-time highs of $284.22 - We think this is a great medium to long term trade. We will be looking to buy this one on dips as long as $130 area holds. We believe we could see the retest of $147 soon Advanced Micro Devices (AMD): - AMD produces semiconductor products and devices. The stock has been lagging behind its main rival NVDA for the past few months - One of its most expected products, Ryzen 5000 desktop CPU is set to hit retail shelves on November 5th. Rumor has it that AMD will launch a more affordable version in early 2021 - We think AMD deserves some attention here given the relative strength it has shown during the recent market pullbacks - Technically, we think this is a great medium term trade. With strong support at $80 area, it seems to be only a matter of time before it resumes its run to retest 52 week highs of $94.2. We believe AMD will break out and test $100 within 12-14 weeks Shift4 Payments (FOUR): - Shift4 provides payment processing solutions for customers in the US. The stock opened for trading at $33.1 on June 6 after the IPO and is now trading at around $54 - With the tailwind of e-commerce and online transaction growth during the global quarantine, payment processors have been very strong. Stocks like PYPL and SQ are trading near their all-time highs - We think FOUR is the play in the sector that hasn’t run out of steam yet: there are 6 outperform analyst recommendations by top tier banks - We are looking to buy this on dips with a stop at $50 area. We think we could see $75 easily given the payment sector and broader tech sector strength If you liked these setups, we suggest you check out [Jeff Bishops High Octane trading service.]( Over the next few weeks, Jeff is going to use his special “Octane Screener” to hunt down tech plays. The best part? [Jeff’s slashing the price of his High Octane trading service with a never-before-seen 50% discount.]( But you have to hurry… [This 50% off deal expires here on Friday.]( YOUR TWO DAY TRADING WEEK IS HERE! Nate Bear Just Sat Down To Unveil Double Down He’ll Reveal How Traders Could Double Their Money Twice per Week [Watch]( [How To Find The Next Hot Momentum Play]( By Jason Bond of Jason Bond Picks --------------------------------------------------------------- [How I Tap Into The Brightest Minds On The Street]( By Kyle Dennis of Biotech Breakouts --------------------------------------------------------------- [Be The Casino By Using This Credit Strategy]( By Dave Lukas of Options Profit Planner --------------------------------------------------------------- [How To Trade The SPY Like A Jedi Master]( By Ben Sturgill of Daily Profit Machine --------------------------------------------------------------- [[On Watch] 3 Momo Stocks Set To Take Off 🚀]( By Jason Bond of Jason Bond Picks --------------------------------------------------------------- [Scalping My End of Day Scan]( By Jeff Williams of Penny Pro --------------------------------------------------------------- [What’s Really Going On In The Market 📈]( By JC Parets of Chart Hunter To Your Success, The RagingBull Team RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Click Here to stop receiving emails from support@ragingbull.com]( [Unsubscribe from all RagingBull emails]( DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website,application or other service ("Services"), please review our full disclaimer located at [(disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securitiesregulatory authority, or any self-regulatory organization. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and itsemployees may purchase, sell, or hold long or short positions in securities of the companies mentioned inthis communication.

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