Patrick Brik, CFA, 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 has recently attained both the 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

GM Stock: Forging New All-Time Highs General Motors Company (NYSE: GM) stock is quietly but surely staging a bullish advance. GM stock is currently trading at a new all-time high, which is an impressive indication of the inherent strength contained within General Motors stock. I can honestly say…

CELG Stock: No Overhead Resistance to Contain the Stock Price from Advancing In April of this year, I stated that Celgene Corporation (NASDAQ:CELG) stock is by far my favorite stock in the biotech universe, which is not an easy title to attain. The reason why Celgene stock is my…

EXPE Stock: Bullish Expectations I started covering Expedia Inc (NASDAQ:EXPE) stock in September of last year where I outlined in a publication titled "Expedia Inc.: EXPE Stock Chart is Suggesting That a Big Move is in the Making" that there were a number of developments on the company's stock…

BABA Stock: Target Has Been Attained, Time to Act I have mentioned in numerous publications that the price action on the Alibaba Group Holding Ltd (NYSE: BABA) stock chart is suggesting that $180.00 is a viable price objective for this investment, and this is exactly the reason why…

RDCM Stock: The Waiting Game I have been patiently watching RADCOM Ltd. (NASDAQ:RDCM) stock since March of this year because a very compelling technical price pattern is being painted on the RDCM stock chart. I have been waiting for this pattern to resolve itself, but instead, it continues to spool.…

LACDF Stock: Inverse Head and Shoulders The lithium sector is catching a bid, and with all due respect, the reasoning is quite sound. Centralized governments are starting to move away from combustion engines by banning the sale and production of these vehicles by a set mandate. It started…

BBRY Stock: Constructive Price Action I am really getting to enjoy tracking BlackBerry Ltd (NASDAQ: BBRY) stock because it is acting in accordance the rules set out by technical analysis, which makes it a great candidate to base a trading strategy around. Technical analysis is the method I employ…

OGRMF Stock: Marijuana Stocks Are Back in Vogue All of a sudden, the marijuana sector has caught a bid after a slow summer. A number of stocks in this sector have begun to break out and Organigram Holdings Inc (CVE:OGI, OTC:OGRMF) stock is no exception. Organigram stock has just…

ZAYO Stock: Indications Favor a Bullish Breakout The focus of this publication is Zayo Group Holdings Inc (NYSE:ZAYO) stock. This communications infrastructure company has an impeccable stock chart, which should not be a surprise if you have read any of my publications in the past. The ZAYO stock chart…

TSLA Stock: The Epic Run Towards Higher Stock Prices Continues I am focusing on Tesla Inc (NASDAQ:TSLA) stock because the price action on the TSLA stock chart is suggesting that higher Tesla stock prices are on the horizon. The method of analysis that I used to create this bullish view…

AMAT Stock: Potential for More Explosive Gains Applied Materials, Inc. (NASDAQ: AMAT) stock has spent the summer consolidating around a very important and significant level. This level marked the previous all-time high in AMAT stock that was set in 2000, which marked the peak of the dot-com bubble.…

ZNGA Stock: Cautiously Optimistic I am returning to follow up on Zynga Inc (NASDAQ:ZNGA) stock because a certain technical price pattern that was in development on the ZNGA stock chart is now complete, and the applicable repercussions can now be expected. This technical price pattern was the focus of a September…

GRMN Stock: Embedded Technical Price Patterns My attention is focused on Garmin Ltd. (NASDAQ:GRMN) stock because a very compelling technical price pattern is being painted on the Garmin stock chart. I am actually quite excited because this particular price pattern that is currently in development is well known for its…

LITE Stock: Obediently Bullish I originally featured Lumentum Holdings Inc (NASDAQ:LITE) stock in a report published on April 20, 2017, titled "Lumentum (LITE) Stock Chart Continues to Suggest Higher Prices." In that report, I outlined why I was enamored with this company and why I believed that higher Lumentum…

NTDOY Stock: Awaiting a Resolution I am focusing on Nintendo Co., Ltd (ADR) (OTCMKTS: NTDOY) stock because the price action on the NTDOY stock chart is showing signs of being constructive, which is why I have reason to believe that Nintendo stock is setting up to stage a move.…

FSLR Stock: Triangles Are Particularity Powerful Price Patterns First Solar, Inc. (NASDAQ:FSLR) stock has been trading in a tight range since August, which has caused the volatility in FSLR stock to evaporate. The daily range has continued to contract to the point where the range between the high and…

FEYE Stock: The Path of Least Resistance Is Towards Higher Stock Prices Cyber security is becoming a bigger and bigger concern, and the recent hack into Equifax Inc. (NYSE:EFX) that compromised the information of 143 million American consumers is a testament to the need for greater security measures.…

RDNT Stock: Further Gains Are Expected It was only five weeks ago that I covered RadNet Inc. (NASDAQ:RDNT) stock. In the publication, titled "RadNet Stock Is All Set for an Epic Advance," I outlined that a number of developments on the RDNT stock chart suggested that RadNet stock was primed…

AMGN Stock: The Completed Technical Price Pattern Points Towards Higher Stock Prices This time last year, the biotechnology stocks were out of favor and lagging behind the market indices. A lot has changed since then because this sector is currently red hot and leading the market. So it should…

FIT Stock: Coinciding Levels of Resistance Fitbit Inc (NYSE:FIT) stock made some buzz last week on the news that it started a partnership agreement with DexCom, Inc. (NASDAQ:DXCM) that would give diabetes patients the ability to track their glucose levels using a Fitbit device. This news sent FIT stock surging…