Global Growth Returns, 6 Monster Predictions For The Week Of Feb. 11

It will be the commentary that will matter. I expect weak second-quarter guidance and commentary about how the channel is clearing out, but is still taking longer than expected. 

The chart is still pointing to lower prices, and what appears to be a bear flag forming. The RSI suggests the shares fall too. I think this one is heading towards $104.  There is a bearish call for you.

nvidia, nvda

Micron (MU)

Micron got clubbed last week, but don’t expect the pounding to last. The stock is trending nicely higher and has a visible higher trading channel.

nvidia, nvda

ROKU

It looks Roku may be gearing for its next leg higher on to $53.

roku

JD

All signs are pointing to JD.com recovering and continuing higher towards $29.30.

jd

Netflix (NFLX)

I think Netflix makes another pass at $360, and this time breaks out and goes on to $380.

netflix, nflx

That’s going to be it! Be sure to tune in tomorrow morning to get caught up on international trading.

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Disclosure: Michael Kramer and the clients of Mott Capital own Netflix

Michael Kramer owns SMH March 15 $101 Calls

Disclaimer: This article is my opinion and expresses my views. ...

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