Best Stock Picks Today | AZN Vaccine News 12-30-20

Best Stock Picks Today | AZN Vaccine News 12-30-20

BEST STOCK PICKS TODAY

Trading Game Plan: 12-30-20

LONDON—The U.K. authorized a Covid-19 vaccine developed by the University of Oxford and AstraZeneca PLC, opening the door for the rollout of millions of doses in a country where infections have surged amid a more infectious variant of the virus.

The green light represents the third emergency-use approval of a Western-developed vaccine this month and comes as cases rise sharply in the U.S. and Europe. Source wsj.com

The stock market and specifically the #SPY ETF reversed yesterday into a Bearish U-Turn setting up new swing trades at better prices.

Today's trading game plan focuses on stocks with bullish order flow that have declined for a couple of days.

BLNK, CHWY and UPWK are a few of the trade setups we discuss today.

PDD traded into an "energy candlestick" so we're looking to trade the stock on a breakout today. I give the price levels in the video.

NIO and XPEV have cooled off quite a bit over the last two weeks but showed bullish price action yesterday so we're game planning for fresh buying today. Most likely these are day trade opportunities.

AZN shows bearish order flow prior to the news so that means we'll be looking for short-term signals to decide if we want to buy this stock today.

In total we review fifteen stock picks for today.

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Pete Renzulli
 

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