4 stocks to trade on July 28

4 stocks to trade on July 28

2020-07-27 • Dikemaskini

Tuesday will be full of earnings releases. Here’s stocks, that worth your attention.

Visa

Analysts expect that Visa will beat all estimates. Visa’s earnings report will be published at midnight from July 28 to July 29 (MT time). If the data is better than analysts expected, Visa will go up, otherwise – go down. According to Zacks, earnings will turn out $1.02 per share and a year-over-year change – the 25.6% contraction. Why should Visa go up? It may gain amid the coronavirus pandemic as people try to pay with credit cards more, avoiding cash as it may spread the disease.

On the daily chart we may notice that Visa has been trading in a horizontal corridor for almost two months already. The earnings report will be the catalyst, which will help to escape it. If it breaks through the top of this range at $201, the price will surge to the next resistance at $208.5. Support levels are at $189 and $183.5.

VISADaily.png

Ebay

Ebay’s earnings report will be published at midnight from July 28 to July 29 (MT time). Analysts from Zacks raised their expectations for Q2 earnings to $1.05 per share. This reveals the growth of 54.4% since the last year. Also, Zacks set a rank of №1 for eBay, which indicates “strong buy”. For comparison, Amazon has a Zack’s rank of №3 (“hold”) now. Of course, the e-commerce giant gained a lot amid the virus due to the increased demand for online shopping and home deliveries. Ebay’s CEO has really optimistic prospects: "we expect it to deliver $2 billion in revenue and $500 million of operating income in 2022". Also, the company is going to launch its own payment platform, which will be an additional tailwind.

Let’s look at the chart. The price fell down, that’s why traders have a great opportunity now to buy the dip. If it breaks through the all-time high at 60.25, it will surge to new record highs. Support levels are at the 50-day moving average at 50.50 and at the low of June 12 at 47.50.

EBAYDaily.png

McDonald’s

The company will release its earnings report on July 28 at 15:30 MT time. The fast-food corporation suffered losses because of strict stay-at-home regimes and quarantine measures. However, McDonald’s managed to mitigate the damage via deliveries and take-away service. Analysts from Zacks expect that earnings will come out $0.76 per share. It would indicate a year-over-year decline of 62.93%. Zacks gave the company the №3 rank - “hold”.

Let’s look at the chart. The price has just crossed the 78.6% Fibonacci level at $198.50. Therefore, it may surge higher to the next resistance at $203. Support levels are at the 200-moving average at $192 and $180.

MCDONALDSDaily.png

Pfizer

It’s one of the best biotech companies these days on the market and, also, one of frontrunners in the vaccine rally. Most analysts advise to have it in the portfolio for diversification. It can give you regular income, but it won’t double your account (it will do so, only if Pfizer is the first to create the vaccine). However, there are other tailwinds for the stock even without the vaccine. The company has reported large sales from pneumococcal disease vaccine Prevnar 13 ($1.45 billion revenue in the Q1), anti-blood-clot drug Eliquis ($1.3 billion), and breast cancer drug Ibrance ($1.25 billion). Also, the company has been increasing its dividends for 11 years. Let’s look at the chart.

It has been climbing up for the whole month already. If it breaks through the resistance at the $39.20 level, which it has touched several times already, it may surge even higher to the high of January 24 at $40.90. Support levels are at the 200- and 50-day moving averages at 36.35 and 35.35, relatively. Follow the earnings report on July 28 at 17:00 MT time. It will add fresh volatility!

PFIZERDaily.png

Check the economic calendar

 To start trading stocks:

  1. Download the Metatrader 5 .
  2. Open the MT5 account in your personal area.
  3. After that, open all trading instruments by clicking “show all” at the “Market Watch” window.
  4. Start trading!

TRADE NOW

Serupa

Brexit: masa hadapan GBP
Brexit: masa hadapan GBP

Brexit selesai. Apa yang akan terjadi pada ekonomi UK dan pound? Ketahui di dalam artikel kami.

Berita terkini

Deposit dengan sistem pembayaran tempatan anda

Notis pengumpulan data

FBS menyimpan rekod data anda untuk mengoperasikan laman web ini. Dengan menekan butang "Terima", anda menyetujui Polisi Privasi kami.

Callback

Pengurus akan menghubungi anda dalam amsa terdekat

Tukar nombor

Permohonan anda telah diterima

Pengurus akan menghubungi anda dalam amsa terdekat

Permohonan panggil balik seterusnya untuk nombor telefon ini
boleh dilakukan dalam dalam

Jika anda mempunyai isu yang perlu disegerakan, sila hubungi kami menerusi
Live Chat

Masalah dalaman. Sila cuba sebentar lagi

Jangan bazir masa anda – pantau bagaimana NFP mempengaruhi dolar AS dan kaut keuntungan!

Anda sedang menggunakan pelayar web yang versinya sudah lapuk.

Kemaskini kepada versi terkini atau cuba pelayar lain untuk penggunaan yang lebih selamat, selesa dan produktif.

Safari Chrome Firefox Opera