The Hot Stocks Outlook uses VantagePoint’s market forecasts that are up to 86% accurate to demonstrate how traders can improve their timing and direction. In this week’s video, we analyze forecasts for OraSure Technologies ($OSUR), Rockwell Medical ($RMTI), Wabash National Corp ($WNC), Harley Davidson ($HOG) and Wipro ($WIT).
This Week’s Hot Stocks Outlook
OraSure Technologies ($OSUR) had a predictive moving average crossover to the upside in late June indicating a bullish trend. Additionally, the VantagePoint neural index moved to a “one” position. This indicated to traders that there was short-term 48-hour strength in that market. Since that crossover, the market was up 20.41% in 17 trading days or $3.17 per share.
Rockwell Medical ($RMTI) had a predictive moving average crossover to the downside indicating a bearish trend. The Neural Index also moved into the zero position. Traders were able to short this market for profit using VantagePoint’s expected next day highs and lows.
Wabash National Corp ($WNC) had a crossover to the upside in early-June and the neural index moved to a “one” position indicating that the market was expected to strengthen over the short term. In the 28 trading days, the market was up 8.25% or $1.73 per share.
Harley Davidson ($HOG) had a bearish crossover in June. The neural index moved to a “zero” position and that bearish weakness continued despite some sideways movement. In 15 trading days, the market was down $6.25 per share or 11.36%.
Wipro ($WIT) also had a bullish crossover in mid-June and the neural index moved into the “one” position. In 17 trading days, the market was up almost 8% or $0.37 per share.
About the Hot Stocks Outlook
The Hot Stocks Outlook is a weekly video series. Its design is to show traders how improving their timing is the key to maximizing gains and minimizing losses. VantagePoint Trading Software identifies trend reversals with unmatched accuracy, helping traders get into the right side of trades at the right time.