Daily Equity Roster
Published: March 30, 2021
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
Today's featured stock is Brighthouse Financial Inc. (BHF)

 

Long Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes
MOS Mosaic Company Chemicals $31.30 28 - 31 54.50 25 5 for 5'er, #7 of 52 names in favored SEMI sector matrix, multiple buy signals, pullback from multi-year high, R-R>4.0
CHEF Chefs' Warehouse Holdings, LLC Food Beverages/Soap $28.99 low to mid 30s 41.50 26 5 for 5'er, consec buy signals, #1 in DWAFOOD matrix, fav sector
PRAH PRA Health Sciences Healthcare $152.04 140s - low 150s 224 118 4 for 5'er, top 20% of HEAL sector matrix, LT pos mkt RS, pullback from ATH
NCR NCR Corporation Computers $36.87 mid 30s to low 40s 44 31 4 for 5'er, pos weekly mom, one box from bullish triangle, consec buy signals, top 25% of DWACOMP
ACLS Axcelis Technoliges, Inc. Semiconductors $37.43 hi 30s - low 40s 63 34 4 for 5'er, top third of favored SEMI sector matrix, pullback from multi-year high, pot. cov. write
AAL American Airlines Group Inc. Aerospace Airline $22.91 low 20s 42 18.50 4 for 5'er, #5 of 44 in AERO sector matrix, one box from peer RS buy signal, bullish catapult
EXPE Expedia Group Inc. Leisure $176.13 low 170s to mid 180s 214 142 5 for 5'er, fav DWALEIS, pullback from ATH, 5 consec buy signals, pos trend
DKS Dick's Sporting Goods, Inc. Retailing $75.31 mid 70s - low 80s 101 66 4 for 5'er, top half of RETA sector matrix, bullish catapult, 2% yield, pot. covered write, R-R>2.0
NX Quanex Building Products Corporation Building $25.26 mid 20s 38 21 4 for 5'er, top half of favored BUIL sector matrix, bullish catapult, 1.3% yield
BHF Brighthouse Financial Inc. Insurance $42.78 low to mid 40s 64 35 healthy 5 for 5'er, top 1/3 of favored DWAINSU sector matrix, consec buy signals, pullback from multi-year high

Short Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes

Follow-Up Comments

Comment
There are currently no follow-up comments.

DWA Spotlight Stock

 

BHF Brighthouse Financial Inc. R ($43.90) - Insurance - BHF is a perfect 5 for 5’er that sits in the top third of the insurance sector RS matrix, making it one of the stronger names in this favored space. BHF has given three consecutive buy signals since January, confirming that demand is in control. This month, BHF printed a new multi-year high when it rallied to $48 which was then followed by a pullback to $41 where the stock tested its bullish support line. With today’s action, BHF bounced off its trendline and reversed up into a column of Xs to $44. Overall, demand is in control and the weight of the evidence is positive. Okay to add new exposure in the low to mid 40s. We will set our initial stop at $35, which would violate multiple levels of support on the chart. We will use BHF’s bullish price objective of $64 as our near-term price target.

 
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48.00       X •                                                                                         X       48.00
47.00       X O •                                                                                       X O     47.00
46.00       X O   •                                                                                     X O     46.00
45.00       X O     •                                                                                   X O     45.00
44.00       X O       •                                                                                 X O x   44.00
43.00   X   X O         •                                                               X       X   3   X O x   43.00
42.00   X O 2 O           •                                                             X O X   X O X O X O x   42.00
41.00 O X O X O             •                                                           X O X O X O X O X O   Mid 41.00
40.00 O X O X O               •                                                         X O X O X O   O • •     40.00
39.00 C X O X O                 •                       •                           X   X O 2 O       •         39.00
38.00 O • 1 • O 3                 •                     X •                         X O X O X       •           38.00
37.00 •   •   O X O                 •                   X O •                   X   X O 1 O X     •             37.00
36.00         O X O                   •                 X O   •                 X O X O X O     •               36.00
35.00         O   O                     •               X O X   •               X O X C X     •                 35.00
34.00             O                       •         X   X O X O   • •           B O   O X   •                   34.00
33.00             O                         •       X O 6 O X O     X • •   X   X     O   •                     33.00
32.00             O                           • X   X O X O X O     X O X • X O X       •                       32.00
31.00             O                             X O X O X O X O     X O X O X O X     •                       Bot 31.00
30.00             O                             X O X O   O   O X   X O X O X O X   •                           30.00
29.00             O                             X O X         O X O X O   9 A O   •                             29.00
28.00             O                     X       X O X         O X O X     O X   •                               28.00
27.00             O X           X       X O X   X O X         O X 8     • O X •                                 27.00
26.00             O X O         X O X   X O X O X O X         7       •   O •                                   26.00
25.00             O X O         X O X O X O X O X O X               •     •                                     25.00
24.00             O   O         X O X O X O X 5   O               •                                             24.00
23.00                 O X       X 4 X O   O X                   •                                               23.00
22.00                 O X O     X O X     O X                 •                                                 22.00
21.00                 O X O     X O X     O X               •                                                   21.00
20.00                 O X O     X O X     O               •                                                     20.00
19.50                 O   O     X O X                   •                                                       19.50
19.00                     O     X O                   •                                                         19.00
18.50                     O X   X                   •                                                           18.50
18.00                     O X O X                 •                                                             18.00
17.50                     O X O X               •                                                               17.50
17.00                     O X O X             •                                                                 17.00
16.50                     O X O X           •                                                                   16.50
16.00                     O X O X         •                                                                     16.00
15.50                     O X O         •                                                                       15.50
15.00                     O X         •                                                                         15.00
14.50                     O X       •                                                                           14.50
14.00                     O X     •                                                                             14.00
13.50                     O X   •                                                                               13.50
13.00                     O X •                                                                                 13.00
12.50                     O •                                                                                   12.50
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DISCLOSURE

This report is for Internal Use Only and not for distribution to the public. While we make every effort to be free of errors in this report, it contains data obtained from other sources. We believe these sources to be reliable, but we cannot guarantee their accuracy. Investors who use options should read the Options Disclosure Document before making any particular investment decision. Officers or employees of this firm may now or in the future have a position in the stocks mentioned in this report. Dorsey, Wright is a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Copies of Form ADV Part II are available upon request.
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