Best Stock Picks Today | AAPL Swing Trade 12-16-20

Best Stock Picks Today | AAPL Swing Trade 12-16-20

BEST STOCK PICKS TODAY

Trading Game Plan: 12-16-20

AAPL stock price finally gave us the "fuel" candlestick we waited for. The new swing trade setup gives us an initial profit target of $138.

With the FOMC scheduled to make an announcement on interest rates today we expect the morning to be solid trading but then trading volume drops off into the afternoon.

Once the meeting concludes we typically see great trading setups over the following three to five days. So be patient to wait for obvious trades.

The solar sector lit up the watch lists yesterday and gave our boot camp some quick profitable trades.

VRM sets up an advanced lesson in tape reading today as the stock clearly shows accumulation by the smart money after the prolonged bearish order flow.

CHWY, BIDU and UPWK all traded into energy candlesticks but have different game plans for today.

SNOW stock gave us the reversal we called in yesterday's video and we're looking for continued buying today.

QS traded into one of my favorite patterns today, so I'll be looking for a new swing trade here as well.

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Pete Renzulli
 

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