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

SODA Stock: Bullish Indications I have been tracking Sodastream International Ltd (NASDAQ:SODA) stock since last summer, after certain developments piqued my interest and suggested that a bull market in SODA stock had begun. These developments ended up marking the exact turn in Sodastream stock, and those fortunate to catch this…

FUEL Stock: A Bull Is Born Rocket Fuel Inc (NASDAQ:FUEL) stock has been on a perpetual slide for many years now, and anyone who has invested in this company can attest to the damage this bearish trend has caused. At one point, Rocket Fuel stock was trading as…

SSYS Stock: Forging a Bottom I have been watching and waiting for the pieces to fall into place for Stratasys, Ltd. (NASDAQ:SSYS) stock, and other 3D printing stocks, because I have reason to believe that an elusive bottom is being formed. If that is indeed the case, then there…

NTES Stock: A Bullish Trend There are only two views I can take on a particular investment: I can either like it, and therefore I am bullish, or I can dislike it, and I am bearish. I wont beat around the bush when when it comes to NetEase Inc…

EXPE Stock Is Setting Up to Advance Being anything other than bullish on Expedia Inc (NASDAQ:EXPE) stock since the financial crisis subsided in early 2009 has been a fool's game. Expedia stock has returned 2254.55% to anyone who had the foresight to buy shares in the midst of this panic. The…

VRSN Stock Is Completing a Consolidation Pattern I recently stumbled upon Verisign, Inc. (NASDAQ:VRSN) stock, and I am excited to report on my findings. When it comes to a particular investment, I am either bullish or bearish on its forward prospects, and it didn't take me long to come…

NTDOY Stock: BREAKOUT! Nintendo Co., Ltd (ADR) (OTCMKTS:NTDOY) has produced some of the most iconic games in history, and I had spent much of my youth indulging in Nintendo consoles and the wonderful video games they've had to offer. Even though this places Nintendo close to my heart, I…

T Stock Is Technically Perfect The other morning, as I was doing my daily scan for stocks that were on the move, I stumbled upon AT&T Inc. (NYSE:T) stock, and I was quite surprised. AT&T stock contains certain characteristics that I look for in a potential investment. These characteristics are…

BLUE Stock: Habits Are Hard to Kick My bullish views surrounding bluebird bio Inc (NASDAQ:BLUE) stock are not a secret, because earlier this year I published a report titled "This Is Why Bluebird Stock Will Soar into the Sky in 2017." I am returning to this name because…

RDCM Stock: Small Cap with Big Price Action There are certain characteristics that I look for in a potential investment, and when I find these characteristics embedded within a small-cap stock like RADCOM Ltd. (NASDAQ:RDCM) stock, I get really excited. If an investment contains these characteristics, then an…

TSLA Stock: Watching Closely Before any investment strategy can be created, I must determine whether I am bullish or bearish on the investment. When it comes to Tesla Inc (NASDAQ:TSLA) stock, I have been on both sides of this spectrum, and justifiably so, because there have been instances when Tesla stock has…

FFIV Stock: Wickedly Bullish In my line of work, when it comes to trading, I am either bullish or bearish on a potential investment, and this comes down to either liking or not liking what I see. I like what I see when it comes to F5 Networks Inc. (NASDAQ:FFIV) stock,…

NFLX Stock Is on a Bullish Track I have been bullish on Netflix, Inc. (NASDAQ:NFLX) stock since I published my report on October 11, 2016, outlining my bullish findings that supported this view. Since that fateful day, Netflix stock has appreciated to the tune of 36%, as the…

BBD.B Stock: Moment of Truth There are really only two views that I can carry when it comes to the prospects of an investment: I am either bullish or bearish. I haven't been shy in expressing my bullish views on Bombardier Inc. (TSE:BBD.B) stock, as it has been…

LRCX Stock: Gaining Perspective A lot of hype continues to surround semiconductor stocks, and as a result, hot money continues to flow into this sector. I am ecstatic to report my findings regarding Lam Research Corporation (NASDAQ:LRCX) stock because the picture it has painted on the price chart is…

MSFT Stock: A Bellwether Stock It may be hard to believe, but I view Microsoft Corporation (NASDAQ:MSFT) stock as a bellwether gauge, and a measure of the overall health of the tech-heavy NASDAQ index. My view has nothing to do with the company's foray into cloud computing and skewing its business…

GOOG Stock: This Is Where I Draw the Line Alphabet Inc (NASDAQ:GOOG) stock has been a great preforming investment since its inception. The pundits and analysts that balked at its valuation when it first went public couldn't have been more wrong as Google stock has become a staple…

SQ Stock: The Trend Is Your Friend I am bullish on Square Inc (NYSE:SQ) stock, and this view was first established on August 18, 2016, which was shortly after I first stumbled upon this name when I was doing my daily scan of potential investments. This scan involves…

VMW Stock: Abides by Rules I have been bullish on VMware, Inc. (NYSE:VMW) stock ever since I first laid eyes on it in July 2016, when it was trading at $72.31. I published a report that outlined my bullish findings, and it is safe to say that VMware stock…

HIMX Stock: This Sector Is on Fire Semiconductor stocks are all the rage and investors are always on the lookout for the best semiconductor stocks. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) stock is a great play to exploit the hot money that is flowing into this sector. When a sector such as this catches…