5 More Monster Stock Market Prediction for the Week of June 24

Amazon (AMZNWealth Strength IndexAAPL is Extremely Up and trending Up)

Amazon is trending nicely higher, and I continue to think that AMZNWealth Strength IndexAAPL is Extremely Up and trending Up moves closer to $1.965. The RSI is trending higher, too, support my bullish view for AMZNWealth Strength IndexAAPL is Extremely Up and trending Up.

Amazon, <a href=AMZNWealth Strength IndexAAPL is Extremely Up and trending Up" width="1188" height="539" data-lazy-type="image" />

Amazon, <a href=AMZNWealth Strength IndexAAPL is Extremely Up and trending Up" width="1188" height="539" />

Netflix (NFLXWealth Strength IndexAAPL is Extremely Up and trending Up)

Netflix is also likely to continue to rise this week after breaking a downtrend. Overhead resistance currently sits at roughly $380. The RSI has also broken its downtrend, that a big deal in my book. An increase above $380 pushes NFLXWealth Strength IndexAAPL is Extremely Up and trending Up to $405.

netflix, nflx

netflix, nflx

Micron (MUWealth Strength IndexAAPL is Extremely Up and trending Up)

Micron reports results this week, and it will be an important one. MUWealth Strength IndexAAPL is Extremely Up and trending Up has put in a strong base around $32.50. I think MUWealth Strength IndexAAPL is Extremely Up and trending Up reverse higher and moves towards $36.50

micron, mu

micron, mu

Nike (NKE)

Well, Nike can’t be stopped, and NKE is breaking out ahead of its results this week. It will be essential to see what Nike has to say about business in China. Based on the break of the downtrend, NKE probably rises towards $88.  The RSI is also breaking a downtrend.

nike, nke

nike, nke

Boeing (BA)

Boeing is attempting to break out and rise above $370. If successful, BA can make a move to $400. The trend for the RSI is shifting higher too.

Boeing, ba

Boeing, ba

Have a great Sunday!

-Mike

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