Best Stock Picks Today | CAT Swing Trade 10-23-20


Trading Game Plan: 10-23-20

CAT (Caterpillar) sets up a new swing trade near all-time highs. We discuss my game plan for the trade which shows a 4-1 risk reward.

Several other strong stocks have declined for a couple of days and provide opportunities to buy at better levels with significant reward potential.

Three stocks that meeting this criteria include PYPL, FDX and TGT.

DFS (Discover Financial Services) broke new levels setting up a new trade with ten dollars of potential profit.

JPM approached a key level that if broken, would mean the stock is finally ready for a higher profit target. We discuss the setup in today's video.

Order flow in JPM is not obvious, but if the stock price trades above this level it works it's way back into my daily watch list.

In total we review thirteen new stock picks for today.

Have a great day!

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Pete Renzulli

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