Best Stock Picks Today 6-22-20 DKNG Stock

Trading Game Plan 6-22-20 | Best Stock Picks Today

DraftKings stock (DKNG) continues to grind higher volume without advancing in price. Old school tape reading principles tell us this is distribution.

Heavy volume during a pause typicality leads to a reversal. Money changing hands from smart money to those unwise to the price action.

Also on the volume update today are STX stock and WDC. Both stocks are range-bound but traded into energy candlesticks. (Large volume candlesticks combined with large green bodies).

These stocks go into my watch list for a future trade when new order flow is established.

It's very important to make a list of stocks to trade both for today, this week and future trades.

Set your alerts so you don't miss the potential big winners.

We have nine other stocks reviewed for breakouts to nee highs, and four potential short sales. We give very specific criteria for the shorts.

Be Safe!
Have a great day.
Pete