Patrick Brik, BAS

Patrick Brik is a research analyst and editor at Lombardi Financial. His investment philosophy is based on merging fundamental and technical analysis in an effort to produce timely and actionable investment ideas.

Patrick has accumulated 18 years of trading experience, which include 13 years of private wealth management at Nesbitt Burns. Patrick is a graduate of York University’s business program and is currently pursuing his CFA and CMT designations.

Get to Know Patrick…

What was your first investment?

My first investment was Loewen Group in 1998. I can’t recall exactly what drew me to buy that position other than it sitting at its 52-week low. After weeks of news circulating regarding a pending bankruptcy, I finally got out at a small loss. I decided I should pursue a more diligent route in my investing. It was at that point that I came across an article on the art of technical analysis and I was hooked.

What is it about technical analysis that is so intriguing to you?

I always wanted to know why certain stocks and sectors moved up or down in any given timeframe. Technical analysis explained the concepts of trends and how a price chart can give insight to ebbs and flows. Technical analysis simplifies investments into an orderly system that allows the framework to produce a profitable trading strategy.

What’s the most important advice you would offer to investors?

Always define your risk-and-return objectives prior to making an investment. A defined exit strategy is the cornerstone of a profitable investing strategy. Set your risk as a stop, thus eliminating any emotional biases that may present themselves if the position moves against you.

Patrick Brik's Articles

GILD Stock: Bullish Developments Wow, Gilead Sciences, Inc. (NASDAQ:GILD) stock has just taken a serious turn, and the timing could not have been any better. In a June 14 publication titled "Gilead Stock Needs to Conquer These Hurdles," I focused on GILD stock and outlined the developments that I would…

CELG Stock: Impulse Wave in Development On June 12, I published a report on Celgene Corporation (NASDAQ:CELG) stock titled, "Celgene Stock Has Now Reached That Moment of Truth," where I outlined a number of key developments that were suggesting that an imminent move was in the making. That…

KITE Stock: A Monster Move in the Making The bull market in equities is missing a key player, and that player is the biotechnology sector. I have reason to believe that this lagging sector is now on pace to make a comeback, and it is one of the…

OGI Stock: Anticipated the Next Move There is a lot of interest in marijuana stocks, and I can't even begin to tell you the number of people who approached me praising the merits of this sector, pointing out names like Organigram Holdings Inc (CVE:OGI) stock and outlining the…

DDD Stock: A Bull Market in Its Infancy I have expressed my bullish inclination towards 3D Systems Corporation (NYSE:DDD) stock because I had reason to believe that the bear market that decimated the 3D Systems stock price was on its last legs, and therefore a bull market was on…

FEYE Stock Is in Bullish Alignment FireEye Inc (NASDAQ:FEYE) stock isn't known for its wealth-generating characteristics, and this is due to the poor performance that FEYE stock has experienced over the years. A vicious bear market has punished investors over the years, but I am here to present…

SSYS Stock: Transitioning into a Bull Market These is no arguing that hindsight is 20/20, and I am sure we have all had our moments where we wished we possessed some sort of device that would allow us to turn back time and purchase an investment before a…

REGN Stock: When Bad News Is Good News The cross-hairs are pointed directly at the biotechnology sector, as the Donald Trump administration is set to announce its policies on how it will deal with the predatory pricing polices that have tarnished the face of this industry. I have the…

AMZN Stock: Testing Support It is time once again to take a look at Amazon.com, Inc. (NASDAQ:AMZN) stock to see what the indications on the company's stock chart are suggesting. The target I outlined in my last publication about this company, "The Next Stop for Amazon Stock Is $1000," has come…

Waiting for a Resolution on the TIVO Stock Chart Something very interesting is occurring on the TiVo Corp (NASDAQ:TIVO) stock chart, and it has definitively piqued my interest. This interesting dynamic I am referring to is a particular technical price pattern that is currently developing on the TIVO stock…

WDAY Stock: Establishing Support It has only been a couple of weeks since I published a report on Workday Inc (NYSE:WDAY) stock, but there have been some significant developments that need to be addressed. There was a swift sell-off that occurred last week that saw the Nasdaq index drop by…

ETSY Stock: Bullish Backdrop On May 16, Etsy Inc (NASDAQ:ETSY) stock popped following news that there were activist investors stepping into this investment in order to make strategic changes that would ultimately extract much-needed value for the shareholder base. This has translated into a number of bullish developments on…

GILD Stock: Bullish Optimism Gilead Sciences, Inc. (NASDAQ:GILD) stock has been caught in a funk. I have expressed my views on this investment on multiple occasions, and each time, I have come to the same bearish conclusion about Gilead stock. The purpose of this publication is to outline the…

EXPE Stock: All Indications Point North With strong conviction, I can say that I am bullish on Expedia Inc (NASDAQ:EXPE) stock. My enthusiasm for Expedia stock is based on the method of investment analysis I employ to generate a bullish or bearish view on a potential investment. This…

CUDA Stock: Anticipating the Next Move As the title suggests, Barracuda Networks Inc (NYSE:CUDA) stock has reached an important inflection point and the next major move in CUDA stock will depend on how Barracuda stock will react after this very important level of resistance is tested. This resistance level…

DIS Stock: Testing Critical Support Walt Disney Co (NYSE:DIS) stock suffered a setback in late April, which sent this investment spiraling towards lower prices. This setback was the result of poor performance from its ESPN division as the number of subscribers continues to dwindle. DIS stock is currently testing…

BABA Stock: Lift Off Alibaba Group Holding Ltd (NYSE:BABA) stock surged by 13.29% following an investors day conference where the company announced that it expected this year's fiscal revenue to grow between 45%-49% over last year. This bullish news left a significant price gap on the Alibaba stock chart as…

CELG Stock: Bullish Expectations I have been watching Celgene Corporation (NASDAQ:CELG) stock for quite some time, waiting upon an indication that will suggest that this investment is set to advance. CELG stock is now approaching a key level of price support, and in order to sustain the possibility…

AMD Stock: Establishing a Bullish Footing Semiconductor stocks are all the rage, and the semiconductor index has finally broken above its all-time high that was set in 2000. This has tremendous implications for this sector, and it creates a much-needed tailwind to drive Advanced Micro Devices, Inc. (NASDAQ:AMD)…

BZUN Stock: Set Up to Accelerate Many Chinese Internet companies have sprouted wings and taken flight in recent months, and Baozun Inc (ADR) (NASDAQ:BZUN) stock is no exception. Since May 1, BZUN stock is up 52%, and there are indications suggesting that the flight towards higher Baozun stock prices…