More FANG Stocks: Baidu, Twitter, Tesla And Alibaba


In the last posting, there was an August forecast for the best-known FANG stocks. Here is an August-September projection for the second round of FANG stocks.

Baidu spiked on its recent buy signal. Five of six buy and sell signals in the last year have been profitable. The cycles point to an uptrend into mid-September. The stock is likely to retrace at least 50% of its last decline to $250.

Chart 1

The Baidu cycle confirms the current uptrend.Cycles Research Investments, LLC

Chart 2

The stock is likely to reach $250.Cycles Research Investments, LLC

Twitter is in an uptrend and is likely to remain in that mode until September 13th at which point, the stock will likely be in the 38 area. In the past year, all four buy signals but only two of four sell signals have been accurate. Thus, the cycle has been much more useful detecting lows that it has been at pinpointing highs.

Chart 3

The cycle projects a strong August.Cycles Research Investments, LLC

Chart 4

Twitter is projected to reach the high 30s.Cycles Research Investments, LLC

Tesla shares are currently in an uptrend. The stock is likely to have a strong August; the next sell signal is in the first week of September. In the last twelve months, all seven buy signals have been profitable while five of six sells have been so. The share price is likely to move back to the old high at $370 and beyond.

Chart 5

These shares are likely to move back to the prior high.Cycles Research Investments, LLC

Chart 6

The cycle confirms the uptrend.Cycles Research Investments, LLC

Alibaba is currently in an uptrend with a sell signal pending late in this month. Over the last year, all of the 13 buy and sell signals have been profitable. A rally to the high $190 area is projected.

Chart 7

All cycle buy signals have been successful in the last year.Cycles Research Investments, LLC

Chart 8

The $190 area is a minimum price target.Cycles Research Investments, LLC

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