Nintendo is a stock I came out positive on back in November of last year. Heading into 2017, I named it my “Stock of the Year” for our 10th annual stock picking contest, you can view contest HERE.
The stock continues to be a buy here, in my humble opinion, as we lead up to the launch of Mario Kart 8 as well as many other flagship games for the new gaming console. The technicals are ripe for a significant breakout here, as evident by the monthly chart below:
In addition to it being my stock of the year, I’ve also picked NTDOY as my March Madness pick in our tournament. So far I was able to advance to the next round, and I do expect the momentum to carry on though April. Here is an update on our brackets, which is now down to 32 contestants.
Off to play some Zelda and trade some $NFLX off the 50 day moving average.
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Sad Sad little man.
Zelda was my favorite game back in the day. And Mario kart. I’m deadly with the red turtle shell
CARA might have what it takes
Been in it since 9 and some change
It definitely has the look, man. Could get interesting.