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&l;p class=&q;tweet_line&q;&g;A resumption of the S&a;amp;P 500 uptrend is likely to commence on March 11th.&l;/p&g;
The Micron weekly cycle yields a buy signal on March 12th. In the last year, three of four buy signals led to profits. This stock is likely to rally to the $41-$42 level by early April.
Chart 1
&l;img class=&q;size-large wp-image-192859&q; src=&q;http://blogs-images.forbes.com/greatspeculations/files/2019/03/1-MU-1200x320.jpg?width=960&q; alt=&q;&q; data-height=&q;320&q; data-width=&q;1200&q;&g; The weekly Micron cycle bottoms now.
Chart 2
&l;img class=&q;size-large wp-image-192860&q; src=&q;http://blogs-images.forbes.com/greatspeculations/files/2019/03/2-MU-1200x671.jpg?width=960&q; alt=&q;&q; data-height=&q;671&q; data-width=&q;1200&q;&g; The stock is likely to rise to the early 40s.
Vertex Pharmaceuticals is picked up by the cycle scan. The weekly price cycle gives a sell signal on March 13th. In the trailing year, all 7 such signals have been profitable. The stock is likely to retreat closer to $165.
March is the weakest month in which to hold this stock. The shares have risen only 37% of the time for an average 3.5% loss. The March 13th through 28th time interval has been a bearish span for this stock 74% of the time. Ten of fifteen days have had a negative expected return over the last 27 years.
Chart 3
&l;img class=&q;size-large wp-image-192861&q; src=&q;http://blogs-images.forbes.com/greatspeculations/files/2019/03/3-VRTX-1200x320.jpg?width=960&q; alt=&q;&q; data-height=&q;320&q; data-width=&q;1200&q;&g; The share price is likely to be further depressed by the falling weekly cycle.
Chart 4
&l;img class=&q;size-large wp-image-192862&q; src=&q;http://blogs-images.forbes.com/greatspeculations/files/2019/03/4-VRTX-1200x681.jpg?width=960&q; alt=&q;&q; data-height=&q;681&q; data-width=&q;1200&q;&g; Lower prices are due.
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