Best Stock Picks Today | PLUG Power Swing Trade 12-23-20

Best Stock Picks Today | PLUG Power Swing Trade 12-23-20

BEST STOCK PICKS TODAY

Trading Game Plan: 12-23-20

The stock market indices drifted yesterday but our recent stock picks continued to move higher into profit-taking price action.

Six stocks from the last week or so exploded, with a couple of them doubling in price. My game plan in these stocks is to move the trailing stop loss higher with the expectation of getting hit today.

Time to ring the register. These trades include: BLNK, QS, FUBO, PTON, CSIQ, CRWD.

New swing trade setups for today include PLUG Power and BE Bloom Energy. Both of which traded into "energy candlesticks" (no pun intended).

VRM hit our initial target so we expect a pause for a couple of days before advancing to the next level of 55.This chart is a textbook example of tape reading and accumulation.

SKLZ traded into one of our optimal entry setups so were looking for the stock to run for a few days of quick cash flow.

In total we review eleven new stock picks for today.

Pete Renzulli
 

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