WATCHLIST: NFLX, SNDR, BC

NETFLIX (#NFLX)

- Stock at the base of the parallel channel

- Triple bottom formation which could indicate a bullish reversal

- MACD slightly up

- RSI is approaching the bearish trendline


Entry range: $ 492.00 - $ 485.00

Target 1: $ 510.00

Target 2: $ 540.00

Stop loss: $ 476.00


SCHNEIDER NATIONAL, Inc. (#SNDR)

- Price on the uptrend line

- Doji candle after strong bearish day

- Oversold RSI

- A strong rally could occur if the stock returns above $ 23:00


Entry range: $ 23.10 - $ 23.20

Target 1: $ 24.00

Target 2: $ 25.50

Stop loss: $ 22.10


BRUNSWICK CORPORATION (#BC)

- The stock is currently on a strong support level (first resistance between January - March 2021)

- Very close to breaking the bearish trendline: a possible break could provide the necessary push for an extension

- MACD slightly upside

- Very low RSI


Entry range: $ 97.50 - $ 98.00

Target 1: $ 104.50

Target 2: $ 112.00

Stop loss: $ 93.50

OTB Global Investments

14 June 2021

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