Discover 3 stocks with definitive 'Buy the Dip' potential

Published: March 19 2023, 19:20 GMT+0

Discover 3 stocks with definitive 'Buy the Dip' potential

Oak Street Health, Inc., Gold Fields Limited, Wheaton Precious Metals Corp. are the ones to notice as they lead stocks on an uptrend.

Leading equity indices in the US declined as Dow Jones shed 1.19% and closed at 31,862. S&P 500 was down 1.1% before closing the session at 3,916.64.

What is an uptrend?

An uptrend describes the price movement of a continuously appreciative financial asset over a particular time frame. In an uptrend, each successive peak and trough is higher than the ones found earlier in the trend. The uptrend is therefore composed of higher swing lows and higher swing highs.

Oak Street Health continues a 25 day uptrend; moves 0.25% Friday

After setting a $35.45 – $35.7 range, Oak Street Health, Inc. closed the day broadly flat at $35.64. Oak Street Health moves 0.25% to close at $35.64 Friday. Trading volume totalled 1.61 million which equates to around 32% of the stock's 21-day average Friday.

Gold Fields continues a 5 day uptrend; surges 6.45% Friday

After setting a $10.93 – $11.69 range, Gold Fields closed the day at $11.55 having risen 6.45%. Gold Fields surges 6.45% to close at $11.55 Friday. Daily trading volume (16 million shares) increased, making up 290% of the 21-day average (5.52 million).

Wheaton Precious Metals Corp continues a 4 day uptrend; soars 4.43% Friday

After setting a $43.63 – $45.73 range, Wheaton Precious Metals Corp closed the day at $45.3 having risen 4.43%. Wheaton Precious Metals Corp rose $1.92 to close at $45.3 Friday which makes for a move of 4.43%. Daily trading volume (6.84 million shares) was above the current multiday average of 2.45 million.

Back