Facebook, Apple, Tesla Stocks With Potential in 2018
February 28, 2018
When panic enters the market, some people get scared and start selling assets to secure their funds, while others take advantage of the situation and buy stocks with potential after the decline at cheaper prices!
Thus, as we wrote in one of the previous articles, after the collapse of the Dow Jones and S&P500 indices, stocks behaved the same way, recording declines of 10%-20%. Below we selected and analyzed the stocks of three well-known companies that, importantly, have good growth potential this year. The companies are known worldwide and always tend to implement something new, remaining leaders in the segment they represent.
Apple, not only high-performance phones but also stocks with potential
After the stock indices collapsed, we also observed the decline of AAPL shares from 180$ to 150$ per share. However, just as fast as the decline was, the recovery back to the 180$ high was just as fast, so the price posted a 20% increase in less than a month.
According to chart analysis, after identifying the lows and highs, we identify the trend. For those who remained outside the position at the price of 150$, an opportune moment was the upward breakout of the correction channel in the 170$-174$ region, from where the price added another 10$ per share.
Now the chart is testing its all-time high. If the price manages to settle above 180$, we expect a target of 200$ per share.
Tesla, the giant that offers electric cars
Another company, Tesla Motors produces electric cars intended to replace existing fuel-powered cars in the future.
Chinese officials have set a goal to switch entirely to electric vehicles by 2025, while Germany plans to reach the same target in 2040.
On the chart in February we had several interesting situations: the 300$ price was the most attractive for investors, and the 340$ per share price came after the breakout of the correction. The price generated a 20% increase in less than a month. At the moment we are in the phase of rejection from this year's high – 360$, and once we identify the end of the correction, we can think about buying with a target at last year's and historical highs – the 380$-390$ region.
Facebook, the No. 1 social network?
Most of us have a Facebook profile, and those who do not have one have at least heard of it. But how did the company manage to gain such popularity? Simple: through the implementation of new functions, the ability to communicate, to post and find necessary information, and the integration of advertising.
Shares fell from the all-time high of 195$ together with the others, but we are observing a slower subsequent recovery (+11% in less than a month), in the form of an upward trend with 3 internal corrections and therefore 3 opportune moments to add or enter the market. Now the price is in the fourth corrective stage, after which an upward breakout can again give rise to new long positions in these stocks with potential toward 195$ per share.
Attention: The analysis carried out is the TRADING.md team's own view of the market and is in no way an encouragement to buy the assets described in the article. The information is provided only for informational purposes with the necessary explanations.
Risk warning: This article is for information and education only, reflects the situation as of its publication date and does not constitute investment advice, an offer or a recommendation to buy or sell any financial instrument. Trading leveraged instruments (Forex, CFDs) and crypto-assets carries a high risk of losing your capital. Past performance does not guarantee future results. Before investing, assess your objectives and risk tolerance and, if needed, consult a licensed adviser. Details: Disclaimer & Risk Warning.
Translated from the Romanian original with AI assistance.
