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Stocks This Week: Discovery Communications, Mattel And JD.com

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This is the week following triple-witching Friday in June. Historically, this period has been bearish, so stocks may struggle during the week. But Monday will likely open on the upside.

  Here are three stocks that are likely to move.

Discovery Communications will have a cycle buy signal on the 19th. More than 60% of such signals have been profitable in the last year. And, the mid-May to late September period has been one of the stronger time intervals of the year for this stock.

Chart 1

Cycles Research Investments LLC

The cycle is due to rise and to lift this stock.

Chart 2

Cycles Research Investments LLC

The stock is likely to rise.

The cycle is down into July 19th. This is also a weak seasonal period for Mattel. In the last year, 86% of the sell signals have led to profits. The stock is very extended after a good run, so the stock is vulnerable to the downside. The $16 area is a reasonable downside target.

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Shutterstock

This is the week following triple-witching Friday in June. Historically, this period has been bearish, so stocks may struggle during the week. But Monday will likely open on the upside.

  Here are three stocks that are likely to move.

Discovery Communications will have a cycle buy signal on the 19th. More than 60% of such signals have been profitable in the last year. And, the mid-May to late September period has been one of the stronger time intervals of the year for this stock.

Chart 1

Cycles Research Investments LLC

The cycle is due to rise and to lift this stock.

Chart 2

Cycles Research Investments LLC

The stock is likely to rise.

The cycle is down into July 19th. This is also a weak seasonal period for Mattel. In the last year, 86% of the sell signals have led to profits. The stock is very extended after a good run, so the stock is vulnerable to the downside. The $16 area is a reasonable downside target.

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