5 More Monster Stock Market Predictions For The Week Of May 13

Here are a few more predictions for the week of May 13. 


Alibaba (BABA) reports results this week, and the trade war worries messed things up for Alibaba which had been performing strongly. I think the stock rebounds this week and rises back to $187 following results.

alibaba, baba


Cisco (CSCO) fell to support at $52.25, and it has held thus far. The RSI is trending higher, and I think that means the stock continues to climb and back to $57.50 following results.

nvidia, nvda


Nvidia (NVDA), unfortunately, may be facing some of the same datacenter weakness that Intel saw in its latest quarter. I first noted that Nvidia Is On Shaky Ground Heading Into Results on May 8 and that Intel’s results were not a good sign for Nvidia at the of end April. I think the stock may heading lower still, potentially to $150.

nvidia, nvda


The chart for AMD is still bullish; it is just taking a long time to happen. I still think it can head towards $31.50.

amd, amd


Microsoft (MSFT) has filled the gap, and the stock looks as if it can to head higher now towards $141.

microsoft, msft stock

Disclosure:Michael Kramer and the clients of Mott Capital own Microsoft and Cisco

Disclaimer: This article is my opinion and expresses my views. Those views can change at a moment's notice ...

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